BSEInsider Trading / SAST3 Aug 2026 · 3 Aug 2026, 12:35 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for GIC Pvt Ltd
Sapphire Foods India Ltd · 543397
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GIC Private Limited, acting on behalf of Government of Singapore and Monetary Authority of Singapore, has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding its acquisition and sale of shares in Sapphire Foods India Limited. The disclosure details the acquisition and sale of shares, the percentage of voting rights held by GIC, and the mode of acquisition/sale.
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Sapphire Foods India Ltd - 543397 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Formatfor disclosures under Regulation29(2) ofSecurities and Exchange Board ofIndia
(Substantial Acquisition ofShares and Takeovers) Regulations, 2011
NameoftheTarget Company(TC) SapphireFoods India Limited
GIC Private Limited' (GIC") onaccount of
Name(s)oftheacquirerandPersonsActinginConcert
Government ofSingapore ("GOS") andthe
(PAC) withthe acquirer
Monetary Authority ofSingapore ("MAS")
WhethertheacquirerbelongstoPromoter/Promoter No
group
Name(s) ofthe StockExchange(s) wherethesharesof • National Stock ExchangeofIndia Limited
TC are Listed • BSE Limited
Number
% w.r.t.total % w.r.t.
share/voting total diluted
DetailsoftheacquisitionIdisposal as follows capital share/voting
wherever capitalofthe
applicable(*) TC(**)
Beforethe acquisition/saleunder consideration,
holding of:
a) Sharescarryingvotingrights a. GOS- 9,545,253° 2.970%° 2.892%°
equity shares
carrying voting
rights
b. MAS- 0.378%° 0.368%°
1,215,385 equity
shares carrying
votingrights
b) Shares inthenatureofencumbrance Nil Nil Nil
(pledge/lien/non-disposal undertaking/
others)
c) Votingrights (VR) otherwisethanbyshares Nil Nil Nil
d) Warrants/convertiblesecurities/anyother Nil Nil Nil
instrument that entitles theacquirerto receive
shares carryingvoting rights intheTC
(specifyholding ineachcategory)
e) Total (a+b+c+d) 10,760,638equity 3.348% 3.260%°
shares carrying
votingrights
1 Note: GIC Private Limited is an investment manager, acting onbehalfofGovernment ofSingapore and
theMonetary AuthorityofSingapore, and it has powerto exercisethevotingrights inrespect ofall the
shares it manages.
Details ofacquisition/sale
a) Shares carryingvotingrights aequired/sold a. GOS - 2,085,225° 0.649%° 0.632%°
equity shares
carryingvoting
rights
b. MAS - 265,509% 0.083%° 0.080%°
equity shares
carryingvoting
rights
b) VRsacquired/soldotherwisethanbyshares Nil Nil Nil
c) Warrants/convertible securities/any other Nil Nil Nil
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding ineachcategory) acquired/sold
d) Shares encumbered / invoked/released by the Nil Nil Nil
acquirer
e) Total (a+b+c+/-d) 2,350,734 equity 0.731%° 0.712%°
shares carrying
votingrights
Afterthe aequisition/sale, holdingof:
a) Shares carryingvotingrights a. GOS- 7,460,028 2.321% 2.260%
equity shares
carryingvoting
rights
b. MAS- 949,876 0.296% 0.288%
equity shares
carryingvoting
rights
b) Shares encumberedwiththe acquirer Nil Nil Nil
c) VRs otherwisethanby shares Nil Nil Nil
Nil Nil Nil
d) Warrants/convertiblesecurities/anyother
instrument that entitles theacquirerto receive
shares carryingvoting rights intheTC
(specifyholding in eachcategory) after
acquisition
8,409,904 equity 2.617% 2.548%
e) Total (a+b+c+d)
shares carrying
votingrights
Mode ofacquisition/ sale (e.g. open market/ off-market
1public issue/ rights issue/preferential allotment / inter- Open Market Sale
se transfer etc).
Date ofacquisition/ sale ofshares / VR or date ofreceipt
30 July 2026
of intimation ofallotment ofshares, whichever is
applicable
321,382,905 equity shares ofthe TC (as perthe
Equity share capital/ total voting capital ofthe TC before
shareholdingpatternforthe quarter ended on 30
the said acquisition/ sale
June 2026 as publicly disclosed by the TC).
321,382,905 equity shares ofthe TC (as per the
Equityshare capital/total votingcapital ofthe TCafter
shareholding pattern for the quarter ended on 30
the said acquisition/ sale
June 2026 as publicly disclosed by the TC).
330,112,755 equity shares ofthe TC (as per the
Total diluted share/votingcapital oftheTCafterthe said
shareholding patternforthe quarter ended on 30
acquisition
June 2026 as publicly disclosed by theTC)
() Total share capital/ voting capital to be taken as perthe latest filingdone bythe company
to the Stock Exchange underClause 35 ofthe listing Agreement.
(**) Diluted share/voting capital means the total number ofshares in the TC assuming full
conversion ofthe outstanding convertible securities/warrants into equity shares ofthe TC.
(#) Please notethat as per the last disclosure made by GIC underRegulation 29(2) ofthe SEBI
TakeoverRegulations dated 12 June 2026, GIC held 16,077,278 equity shares (5.003%) ofthe TC
computed basis the outstanding share capital ofthe TC (as per the shareholding patternforthe quarter
ended on 31 March 2026 as publicly disclosed by the TC). Since then, GIC has sold equity shares of
the TC in multiple non-reportable (by GIC to the stock exchanges) tranches and, on 30 July 2026 GIC
had inaggregate sold suchnumber ofequity shares ofthe TC that the disclosure requirement under
Regulation 292) ofthe SEBITakeover Regulations was triggered with respect to the change in
shareholding ofGIC inthe TC and accordingly the present disclosure underRegulation 29(2) ofthe
SEBITakeoverRegulations is being made.
Signature ofthe aequirer/ seller/Authorised Signatory
Toh Tze Meng
SeniorVice President SeniorVice President
Global Investment Services Global Investment Services
Place: Singapore
Date: 3 August 2026