StockWatch
·
Power Generation
Shareholding7 Oct 2026, 10:36 am

Adani Green Energy: GQG Partners LLC Sells 0.13% Stake

AI Summary

GQG Partners LLC, acting as investment manager for its clients, has disclosed a sale of 2,140,307 shares in Adani Green Energy Limited. This transaction represents a 0.13% stake, resulting in a post-transaction holding of 4.50% for the acquirer and PACs. The sale was an in-kind transfer due to a client redemption, with a total value of ₹1,647,176,155. The disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as the change in shareholding exceeded 2% since the last disclosure.

Key Highlights

  • GQG Partners LLC sold 2,140,307 shares of Adani Green Energy.
  • The sale represents a 0.13% stake in the company.
  • Post-transaction, the acquirer's holding is 4.50%.
  • The transaction was an in-kind transfer due to client redemption.
  • Disclosure made under SEBI SAST Regulations 2011.