Business

Adani group sells Rs 15,446-crore stake in its 4 firms to GQG Partners

author-image
NewsDrum Desk
New Update
Adani Group Company

Representative Image

New Delhi: Adani group on Thursday said it has sold minority stakes in four of the conglomerate's listed companies to American equity investment boutique GQG Partners for Rs 15,446 crore.

In a statement, the group said shares in Adani Ports and Special Econmomic Zone Ltd (APSEZ), Adani Green Energy Ltd (AGEL), Adani Transmission Ltd (ATL) and Adani Enterprises Ltd (AEL) were sold through secondary market block deals.

"The investment has made GQG a key investor in the development and growth of critical Indian infrastructure," it said.

Adani Green Energy Ltd Adani Ports and Special Econmomic Zone Ltd GQG Partners APSEZ Adani group Adani ATL Adani Transmission Ltd Adani Ports Adani Enterprises Ltd block deals AEL AGEL