Abu Dhabi Investment Authority bought 1,123,000 shares of SG Mart Limited for ₹73.00 Cr at ₹650.00 apiece in a bulk deal.
A metals and building materials trading company operating across India, SG Mart distributes an extensive range of over 2,500 products spanning more than 27 categories. Its portfolio includes steel construction products such as TMT rebars, HR sheets, welding rods, binding wire, and barbed wire, alongside cement, tiles, bath fittings, laminates, and paints. The company serves as a comprehensive supplier for construction, infrastructure, and residential projects nationwide.
Sovereign wealth fund of the Emirate of Abu Dhabi, established in 1976 and one of the world's largest SWFs with around USD 1 trillion in assets. Long-term, multi-decade horizon. Indian equities sit inside its emerging markets allocation and ADIA is a consistent anchor in marquee Indian IPOs and large-block deals.
