Adani Group sells shares worth Rs 15,446 crore to GQG Partners

NEW DELHI: Adani Group has sold Rs 15,446 crore worth of shares to a leading US-based global equity investment boutique GQG Partnersthe company said Thursday in an official statement to the stock exchanges.
In a series of secondary blockade transactions, the group sold stakes in four of its companies: Adani Ports and Special Economic Zone Limited, Adani Green Energy Limited, Adani Transmission Limited and Adani Enterprises Limited.
With this investment, GQG has become a key investor in India’s critical infrastructure development and growth, the Adani Group said.


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