Entities managed by GQG Partners LLC have sold equity shares of Adani Power Ltd through multiple on-market transactions, reducing their combined shareholding in the power producer to 5.72% from 5.74%, according to a regulatory disclosure.
In an exchange filing on the BSE, Adani Power said the entities had sold shares through multiple on-market transactions, resulting in an aggregate change in shareholding exceeding 2% of the company’s total shareholding or voting rights, as specified in the disclosure.
