Hindalco Industries Limited
The Government of Singapore decreased its stake in Hindalco Industries from 2.67% to 2.65%, selling 487,696 shares. The value of the sold shares is ₹46.99 crore, calculated at a share price of ₹963.45.
A leading aluminium and copper producer in India, Hindalco Industries manufactures a diverse range of products including aluminium sheets, extrusions, and light gauge materials for industrial and consumer applications. The company serves key markets such as beverage packaging, food containers, and foil applications. Part of the Aditya Birla Group, it operates as a vertically integrated metals manufacturer with significant production capabilities across both primary and downstream segments.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.