Kuwait Investment Authority decreased its stake in Medplus Health Services from 1.59% to 1.55%, selling 44,460 shares.
India's second largest pharmacy retailer, Medplus Health operates an extensive network of stores across multiple states and union territories, serving customers in metro, tier-one, and tier-two cities nationwide. The company's core business centers on retail pharmacy operations, providing medicines, healthcare products, and related services through its strategically distributed store network. Medplus distinguishes itself through its wide geographic reach and commitment to accessible healthcare retail.
The oldest sovereign wealth fund in the world, tracing its roots to the Kuwait Investment Board formed in 1953 and established in its present form in 1982 as an autonomous body managing the state's reserves. It runs two pools, the General Reserve Fund and the Future Generations Fund, and invests across public equities, fixed income, real estate and private markets worldwide. Its Indian equity positions are held through numbered sub funds and are typically long horizon rather than traded.