In a regulatory filing under section 30 of the Capital Markets Act, BlackRock, Inc. disclosed that it now holds 6,698,804 shares of Pandora A/S, representing 8.47% of the Danish jewelry maker’s outstanding stock. The move marks a notable uptick from its previous holding of 7.12%, reflecting BlackRock’s confidence in Pandora’s 2025 performance. Pandora reported 6% organic revenue growth for the year, driven by a 2% increase in like-for-like sales and a 4% contribution from network expansion and ancillary channels. BlackRock’s larger position positions the world’s largest asset manager to benefit from Pandora’s planned store rollouts in North America and Asia, where management projects double-digit sales growth over the next two years.

BlackRock CEO Larry Fink told participants at the India Economic Summit that India has entered a new phase of economic momentum and that domestic investors should align their portfolios with the country’s growth trajectory. Fink highlighted India’s projected 6.5% GDP expansion in fiscal 2026 and the nation’s rapidly expanding middle class, now exceeding 300 million households. He confirmed that BlackRock has increased its local headcount by 40% over the past 12 months and plans to launch two additional equity strategies targeting mid-cap Indian companies by Q3 2026. Reliance Industries Chairman Mukesh Ambani joined Fink on stage to underscore a thriving startup ecosystem, noting over 70 unicorns have emerged in India since 2020.