Government Pension Fund Global (Norway) is no longer listed among Grasim Industries Limited's disclosed shareholders, leaving it uncertain whether the fund fully exited its 1.22 percent position or reduced it below the 1 percent reporting requirement.
A flagship company of the Aditya Birla Group, this vertically integrated manufacturer produces viscose staple fibre, caustic soda, speciality chemicals, and rayon-grade wood pulp across multiple manufacturing locations in India. The company also operates in fertiliser and textile sectors. It ranks among India's largest private sector enterprises with diversified operations spanning chemicals, natural fibres, and specialty products across various industrial verticals.
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.