Marico Limited
Government Pension Fund Global (Norway) trimmed its stake in Marico Limited from 1.68% to 1.33% by selling 4,563,910 shares. This transaction was valued at ₹384.28 Cr at ₹844.00 apiece.
A leading consumer goods company, Marico operates across beauty and wellness categories with a significant presence in over 25 countries spanning Asia and Africa. The company develops and markets brands across hair care, skin care, edible oils, healthy foods, male grooming, and fabric care products. Its diversified brand portfolio and strong footprint in emerging markets distinguish it within India's consumer defensive sector.
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.