Corporate News     02-Mar-23
GQG Partners invests Rs 15,446 cr in portfolio of Adani companies
Invests Rs 5460 cr in Adani Enterprises
GQG Partners, a leading US based Global Equity investment boutique, announced today the completion of a Rs 15,446 crore (USD 1.87 billion) investment in a series of secondary block trade transactions in the Adani Portfolio companies - Adani Ports and Special Economic Zone , Adani Green Energy, Adani Transmission and Adani Enterprises.

The investment has made GQG a key investor in the development and growth of critical Indian infrastructure. Jefferies India acted as a Sole Broker for the transaction.

The key transaction details are as follows:
- Investment of Rs 5460 crore in Adani Enterprises for 3,87,01,168 equity shares at a final price of Rs 1410.86.

- Investment of Rs 5282 crore in Adani Ports for 8,86,00,000 equity shares at a final price of Rs 596.20.

- Investment of Rs 1898 crore in Adani Transmission for 2,84,00,000 equity shares at a final price of Rs 668.40.
- Investment of Rs 2806 crore in Adani Green Energy for 5,56,00,000 equity shares at a final price of Rs 504.60.

Previous News
  Adani Enterprises Ltd spurts 0.27%, rises for fifth straight session
 ( Hot Pursuit - 26-Sep-24   13:00 )
  Nifty August futures trade at premium
 ( Market Commentary - Futures Market 18-Aug-23   16:17 )
  Adani Ent forms JV for green hydrogen marketing in Japan
 ( Hot Pursuit - 14-Sep-23   12:01 )
  Kutch Copper commissions greenfield copper refinery project at Mundra
 ( Corporate News - 28-Mar-24   14:40 )
  Adani Global incorporates JV - Kowa Green Fuel in Singapore
 ( Corporate News - 14-Sep-23   09:38 )
  Adani Ent board OKs raising Rs 800-cr via NCDs
 ( Hot Pursuit - 17-Aug-24   10:16 )
  Nifty April futures trade at premium
 ( Market Commentary - Futures Market 03-Apr-23   16:25 )
  Adani Group announces JV with Kowa, Singapore
 ( Corporate News - 14-Sep-23   09:25 )
  Nifty March futures trade at premium
 ( Market Commentary - Futures Market 14-Mar-23   16:29 )
  Adani Enterprises consolidated net profit rises 43.55% in the June 2023 quarter
 ( Results - Announcements 03-Aug-23   17:01 )
  Adani Enterprises Ltd up for third straight session
 ( Hot Pursuit - 14-May-24   13:05 )
Other Stories
  ICICI Securities allots 2,607 equity shares under ESOS
  07-Oct-24   14:41
  Ashok Leyland commences delivery of electric vehicles to BillionE
  07-Oct-24   14:40
  Indian Oil Corporation receives ratings action from CARE
  07-Oct-24   14:34
  Airtel Business launches new-age internet security solution - Airtel Secure Internet
  07-Oct-24   14:31
  Hi-Tech Winding Systems declare Quarterly Result
  07-Oct-24   14:12
  SG Finserve declare Quarterly Result
  07-Oct-24   14:12
  NOCIL to announce Quarterly Result
  07-Oct-24   14:12
  ADC India Communications to table results
  07-Oct-24   14:08
  Havells India to discuss results
  07-Oct-24   14:07
  Julien Agro Infratech announces board meeting date
  07-Oct-24   14:07
Back Top