Varroc Engineering Limited
Government Pension Fund Global reduced its stake in Varroc Engineering from 2.15% to 1.94%, selling 3,31,500 shares.
A global tier-1 automotive component manufacturer, Varroc Engineering designs and supplies critical parts and systems to major original equipment manufacturers across the world. Established in 1988 and headquartered in Chhatrapati Sambhaji Nagar, the company operates as the flagship entity of the Varroc Group. Its distinctive strength lies in serving diverse customer segments across multiple automotive platforms and geographies globally.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.