Ashok Leyland Limited
The Government of Singapore, which previously held a 1.57 percent stake in Ashok Leyland Limited, is no longer listed among its disclosed shareholders, indicating either a complete exit or a reduction of its holding below the 1 percent reporting threshold.
A leading manufacturer of medium and heavy commercial vehicles, the company operates through a vertically integrated manufacturing setup with a strong brand presence. It maintains an extensive distribution and service network across India and operates in fifty countries globally. Headquartered in Chennai, the company also runs driver training institutes that have trained over eight hundred thousand drivers since its inception.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.