GQG Partners Sells 1.63% Stake in Adani Energy Solutions

GQG Partners Emerging Market Equity Fund, through its investment manager GQG Partners LLC, has sold equity shares of Adani Energy Solutions Limited via on-market transactions. The sale resulted in an aggregate change of shareholding exceeding 2% of the total voting rights. Prior to the sale, the acquirer and PACs held approximately 5.09% of the company's shares. After the sale, their holding reduced to approximately 3.46%. The total value of the sale was INR 1,222,954,468. This disclosure is made as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, reflecting changes since the last disclosure on July 3, 2023.