United Spirits Limited
Government Pension Fund Global (Norway) is no longer listed among United Spirits Limited's major shareholders, meaning the fund either exited completely or trimmed its previous 1.07 percent stake to below the 1 percent regulatory disclosure threshold.
India's leading beverage alcohol company, United Spirits manufactures, sells, and distributes a diverse portfolio of premium spirits brands including Johnnie Walker, McDowell's No.1, Smirnoff, Black Dog, and Captain Morgan. A subsidiary of global leader Diageo PLC, the company holds a commanding position in the domestic spirits market through its extensive distribution network, established brand recognition, and vertically integrated operations across production and retail channels.
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.