Gujarat Pipavav Port Limited
Government Pension Fund Global (Norway) decreased its stake in Gujarat Pipavav Port Limited from 3.64% to 3.52% by selling 5,85,802 shares. The transaction value is approximately ₹9.12 Cr at ₹155.56 per share.
A privately-owned deep-water port located on Gujarat's southwest coast near Bhavnagar, Gujarat Pipavav Port serves as a gateway for international maritime trade. Strategically positioned on major shipping routes connecting India with the US, Europe, Africa, the Middle East, and the Far East, the port handles container, breakbulk, and multipurpose cargo operations. As India's first private sector port, it provides modern infrastructure and efficient logistics services to support domestic and international commerce.
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.