GIC Investor is a special purpose vehicle organized as a private limited company in Singapore that is part of a group of investment holding companies managed by GIC Special Investments Private Limited (GICSI).
“The Competition Commission has approved the acquisition of approximately 7.49 per cent shareholding in Aditya Birla Fashion and Retail Limited on a fully diluted basis by Caladium Investment Pte. Ltd (GIC Investor) through preferential issuance of equities and warrants,” a statement issued by the competition watchdog said.
Caladium Investments is wholly owned by Lath Investment Pvt Ltd, an entity which in turn is wholly owned by GIC (Ventures) Pvt Ltd.
Aditya Birla Fashion & Retail Limited is a publicly listed company engaged in manufacturing and retailing of branded apparel, footwear and accessories with its subsidiaries and operates across India through its retail stores, as well as It also distributes through its exclusive brand outlets and Pantaloons. Stores, multi-brand outlets, shop-in-shop stores in departmental stores, own online retail platforms and third-party e-commerce marketplaces.