GIC Private Limited, acting on behalf of the Government of Singapore, the Monetary Authority of Singapore, and Gamnat Pte Ltd, has reduced its shareholding in Le Travenues Technology Ltd. Following an open market sale on 10 April 2026, the entity divested a total of 233,546 equity shares. This transaction has resulted in a marginal adjustment to their overall voting stake in the company.
Details of Share Divestment
On 10 April 2026, GIC Private Limited executed an open market sale of 233,546 equity shares of Le Travenues Technology Ltd. The divestment was distributed across its managed entities: 211,900 shares from the Government of Singapore account and 21,646 shares from the Monetary Authority of Singapore account, while Gamnat Pte Ltd held its position unchanged.
Updated Shareholding Structure
Prior to this transaction, the aggregate holding stood at 44,739,779 equity shares. Post-sale, the total number of equity shares held by the group has been adjusted to 44,506,233. This adjustment reflects a total voting capital stake of approximately 10.157% in the company. The dilution in shareholding occurs within the context of the total outstanding share capital of 438,183,527 as of 31 March 2026.
Context of the Transaction
This sale follows several non-reportable tranches of equity sales conducted by GIC since 30 June 2024. The current disclosure was triggered after the cumulative volume of these sales reached the regulatory threshold requiring formal notification. GIC remains a significant stakeholder, maintaining its investment position while aligning its portfolio in accordance with internal management strategies.
Source: BSE
