The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for GIC Pvt Ltd
SHRIRAMFIN · price
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GIC Private Limited, acting on behalf of the Government of Singapore and Monetary Authority of Singapore, sold 266,269 equity shares of Shriram Finance through open market on April 9, 2026. This reduced GOS's stake from 3.504% to 3.492%, while MAS maintained its 0.783% holding. Total foreign institutional holding decreased from 4.287% to 4.276%. The disclosure was triggered because cumulative non-reportable sales and passive changes in share capital caused the holding to cross the Regulation 29(2) disclosure threshold. GIC noted it had been selling shares in multiple tranches since March 2024 when it held 7.11%.
This represents continued reduction in foreign institutional investor stake in Shriram Finance. While the 0.011% sale is small, the pattern of gradual selling since holding 7.11% indicates ongoing portfolio rebalancing by Singapore's sovereign entities.