Government Pension Fund Global (Norway) decreased its stake in Amber Enterprises India Limited from 1.52% to 1.36%, selling 55,000 shares. The value of the sold shares is ₹39.87 crore at ₹7250.00 apiece.
A leading air conditioner solutions provider, Amber Enterprises manufactures and supplies room air conditioners for original equipment manufacturers and original design manufacturers across India. Incorporated in 1956, the company operates as a prominent player in the household appliances sector, delivering customized air conditioning solutions and components to major OEM and ODM clients throughout the Indian market. The company specializes in both manufacturing and design services for the air conditioning industry.
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.
