Shriram Finance Limited
Government of Singapore sold 266,269 shares of Shriram Finance for ₹26.53 Cr at ₹996.30 apiece in an open market transaction, decreasing its stake from 3.50% to 3.49%.
A deposit-taking non-banking financial company specializing in commercial vehicle financing, primarily for trucks across new and pre-owned segments. Operating through an extensive network of branches and rural centers, the company serves individual borrowers and maintains partnerships with private financiers to expand its reach. Part of the Shriram Group conglomerate, it focuses on providing vehicle financing solutions to India's transportation and logistics sector.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.