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

NEW DELHI: The Adani Group has sold stakes worth Rs 15,446 crore to a leading US-based global equity investment boutique GQG Partners, the company said in an official release to the bourses on Thursday.
In a series of secondary block trade 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 the development and growth of critical Indian infrastructure, the Adani group said.

(A Syndicated feed)