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The Economic Times
The Economic Times
Akash Podishetti

Rs 1,435 crore Adani Enterprises block deal sees GQG sell stake to India's largest mutual fund

Adani Enterprises saw nearly 58.9 lakh shares worth around Rs 1,435 crore change hands in a large block deal involving marquee investor GQG Partners and SBI Mutual Fund.

Exchange data showed GQG Partners Emerging Markets Equity Fund sold 58.92 lakh shares of Adani Enterprises at a price of Rs 2,435.6 apiece. The entire stake was picked up by SBI Mutual Fund at the same price through a bulk transaction.

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