Sapphire Foods India Limited
Kuwait Investment Authority added over 0.34% of the company during the quarter and now holds 1.34%, or 42,94,766 shares.
One of the largest franchisees of Yum! Brands in the Indian subcontinent, Sapphire Foods operates a network of KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives. The company specializes in quick-service restaurant operations, managing food delivery and dine-in services across multiple locations. Its distinctive strength lies in regional market penetration, operational scale, and expertise in managing international brand franchises throughout South Asian markets.
The oldest sovereign wealth fund in the world, tracing its roots to the Kuwait Investment Board formed in 1953 and established in its present form in 1982 as an autonomous body managing the state's reserves. It runs two pools, the General Reserve Fund and the Future Generations Fund, and invests across public equities, fixed income, real estate and private markets worldwide. Its Indian equity positions are held through numbered sub funds and are typically long horizon rather than traded.