Shriram Finance Limited
Government Pension Fund Global (Norway) raised its stake in Shriram Finance from 1.23% to 1.29% by purchasing 15,08,697 shares.
A deposit-taking non-banking financial company specializing in commercial vehicle financing, primarily for trucks across new and pre-owned segments. Operating through an extensive network of branches and rural centers, the company serves individual borrowers and maintains partnerships with private financiers to expand its reach. Part of the Shriram Group conglomerate, it focuses on providing vehicle financing solutions to India's transportation and logistics sector.
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.