Glenmark Pharmaceuticals Limited
Government Pension Fund Global (Norway) increased its stake in Glenmark Pharmaceuticals Limited from 3.78% to 3.89%, raising its shareholding from 10,674,228 to 10,985,826 shares. This change is worth ₹73.91 crore based on the current share price of ₹2301.30.
A global research-led pharmaceutical company, Glenmark operates across generics, specialty, and over-the-counter business segments with a presence in more than 80 countries worldwide. The company develops and manufactures pharmaceutical products serving patients across multiple therapeutic areas including oncology, dermatology, and respiratory care. Its distinctive strength lies in combining generic drug manufacturing capabilities with specialty pharmaceutical development and maintaining a robust international distribution network across developed and emerging markets.
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.