GIC Private Limited has reduced its stake in InterGlobe Aviation Limited from 3.110% to 2.984% through the sale of 485,902 equity shares via open market transactions on 9 March 2026. The Singapore-based investment manager, acting for Government of Singapore and Monetary Authority of Singapore, conducted the sale as part of ongoing position reduction since December 2024 when it held 5.00% of the airline company. The transaction triggered disclosure requirements under SEBI's substantial acquisition regulations.
GIC Private Limited Reduces Stake in InterGlobe Aviation to 2.984% Through Open Market Sale
Singapore's sovereign wealth fund manager GIC Private Limited has reduced its stake in InterGlobe Aviation Limited through a substantial share sale, according to a regulatory disclosure filed under SEBI's takeover regulations.
Share Sale Transaction ... [4634 chars]