Abu Dhabi Investment Authority increased its stake in Blackbuck Limited from 1.67% to 1.73%, raising its shareholding from 3,043,066 to 3,155,706 shares. The value of the additional 112,640 shares is approximately ₹6.57 crore, based on the last closing price of ₹583.35 per share.
A digital trucking platform incorporated in 2015, Blackbuck operates an integrated marketplace connecting truck operators with logistics customers across India. The company offers load matching services, real-time vehicle tracking through telematics technology, digital payment solutions, and vehicle financing options. Its platform streamlines operations and reduces friction for small and medium-sized trucking businesses in the country's transport and logistics sector.
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.
