Government of Singapore decreased its stake in Bharat Petroleum Corporation Limited from 1.48% to 1.03% by selling 19,389,218 shares worth ₹610.76 Cr at ₹315.00 apiece.
A public sector refiner and marketer of petroleum products, Bharat Petroleum operates integrated facilities for crude oil processing and distribution across India. The company maintains a significant downstream presence through its extensive network of retail outlets, distribution centers, and supply infrastructure. Its operations span refining, marketing, logistics, and trading of petroleum products across domestic and international markets, serving consumers and industrial clients nationwide.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.
