Star Cement Limited
Abu Dhabi Investment Authority has dropped off the Star Cement Limited shareholder roster after previously holding a 1.04 percent stake, indicating either a complete exit or a reduction to below the 1 percent disclosure threshold.
A leading cement manufacturer engaged in the production and sale of cement clinker and cement products across north-eastern and eastern India. Star Cement operates as the largest cement producer in the north-east region, serving construction and infrastructure demands throughout the area. The company maintains a strong regional presence through its manufacturing facilities and established distribution network across multiple states.
Sovereign wealth fund of the Emirate of Abu Dhabi, established in 1976 and one of the world's largest SWFs with around USD 1 trillion in assets. Long-term, multi-decade horizon. Indian equities sit inside its emerging markets allocation and ADIA is a consistent anchor in marquee Indian IPOs and large-block deals.