GIC Private Limited has reduced its stake in Sapphire Foods India Ltd following an open market transaction on June 10, 2026. The acquirer, acting on behalf of the Government of Singapore and the Monetary Authority of Singapore, sold a total of 4,002,532 equity shares carrying voting rights. This sale reduced GIC's shareholding to 5.003% of the total paid-up share capital, a decrease from the previous holding of 6.248%.

The transaction was disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the sale, the entities held a combined 20,079,810 equity shares. The sale comprised 3,550,458 shares held on behalf of the Government of Singapore and 452,074 shares held on behalf of the Monetary Authority of Singapore.

Shareholding Details

The change in shareholding affects the acquirer's position relative to both the total share capital and the total diluted share capital of the company. The total equity share capital of Sapphire Foods India Ltd remained unchanged at 321,382,905 shares, while the total diluted share capital stood at 330,383,755 shares as of the quarter ended March 31, 2026.

Post-Transaction Holdings

After the disposal, the acquirer's total holding in the company stands at 16,077,278 equity shares carrying voting rights. This represents 5.003% of the total paid-up share capital and 4.866% of the total diluted share capital. The Government of Singapore now holds 14,261,397 shares, while the Monetary Authority of Singapore holds 1,815,881 shares.

Sapphire Foods India Ltd. recorded a notable block trade on the National Stock Exchange (NSE), with the transaction valued at ₹34.83 crores. The deal involved approximately 1,945,197 shares, executed at a price of ₹179.08 per share, reflecting significant institutional-level participation in the counter.

Block Trade Details

The following table summarizes the key parameters of the block trade recorded on the NSE:

Block trades are typically executed outside the open market order book and are commonly associated with large institutional investors or bulk transactions. The size and value of this transaction underscore the scale of activity observed in Sapphire Foods India Ltd.'s scrip on the NSE.