Bharat Electronics Limited
Government of Singapore decreased its stake in Bharat Electronics Limited from 1.13% to 1.11% by selling 1,993,648 shares for ₹81.82 Cr at ₹410.50 apiece.
A defence electronics manufacturer incorporated in 1954, Bharat Electronics Limited designs, manufactures, and supplies advanced electronic equipment and systems for India's defence sector. The company operates multiple production facilities across different regions and maintains a selective presence in civilian markets. Its core expertise encompasses defence-grade electronics, radar systems, and integrated defence solutions for military applications.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.