Government Pension Fund Global (Norway) decreased its stake in SRF Limited from 2.12% to 1.98%, selling 397,908 shares. The value of shares sold was ₹109.09 crore, at an approximate price of ₹2741.60 per share.
A diversified chemical manufacturer, SRF produces technical textiles, specialty chemicals, packaging films, aluminum foils, and polymer solutions for industrial and consumer applications. Established in 1970, the company operates across multiple business segments serving automotive, pharmaceutical, food processing, and industrial sectors. SRF caters to customers in both domestic and international markets through its vertically integrated manufacturing operations and distribution network.
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.
