GIC cuts Sapphire Foods India stake after selling 2,350,734 shares in open market on 30 July 2026
GIC Private Limited sold 2,350,734 shares of Sapphire Foods India Limited in the open market on 30 July 2026, cutting its holding by 0.731% of the company’s total share/voting capital. Before the sale, GIC held 10,760,638 shares, or 3.348% of the total share capital, split between the Government of Singapore (GOS) and the Monetary Authority of Singapore (MAS). Sapphire Foods reported a quarterly profit turnaround, posting a net profit of ₹1.287 billion.