Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 14th May 2026: US-based investment firm GQG Partners on Thursday sold 58.92 lakh shares of Adani Enterprises for Rs 1,435 crore through an open market transaction.
The stake sale was carried out by Rajiv Jain-backed GQG Partners through its affiliate, GQG Partners Emerging Markets Equity Fund.
According to block deal data available on the National Stock Exchange of India, the fund offloaded 58,92,423 shares, representing a 0.45 per cent stake in the flagship company of billionaire Gautam Adani.
The shares were sold at an average price of Rs 2,435.60 apiece, taking the total transaction value to approximately Rs 1,435.16 crore.