In Short : GQG Partners has sold part of its stake in Adani Power to Citadel Securities and SBI Funds Management. The move reflects GQG’s portfolio realignment while drawing strong institutional interest in Adani Power. With India’s electricity demand surging, the transaction underscores investor confidence in the company’s long-term growth prospects and its role in […]
GQG acquires 3 per cent in Adani Transmission for Rs 2,666 crore – EQ Mag
The fresh purchase came two days after investment firm GQG Partners, along with the IHC Group and others, invested around $1 billion in Adani Group stocks. The Adani Group on Friday reportedly sold around 3 per cent stake in Adani Transmission through open market transactions to raise about Rs 2,666 crore. As per market participants, […]
Australian pension fund client queries GQG about Adani investment – EQ Mag
SYDNEY : An Australian pension fund client of GQG Partners has asked the U.S. boutique investment firm for more information about its nearly $1.9 billion investment in the embattled Indian Adani group. GQG Partners bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a […]