The Government of Singapore decreased its stake in SRF Limited from 1.80% to 1.75% by selling 148,449 shares. This reduced its holding from 5,349,651 shares to 5,201,202 shares. The value of the shares sold is approximately ₹40.79 crore, calculated at a share price of ₹2741.60 apiece.
A diversified chemical manufacturer, SRF produces technical textiles, specialty chemicals, packaging films, aluminum foils, and polymer solutions for industrial and consumer applications. Established in 1970, the company operates across multiple business segments serving automotive, pharmaceutical, food processing, and industrial sectors. SRF caters to customers in both domestic and international markets through its vertically integrated manufacturing operations and distribution network.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.
