Question
The Adani Group has sold around 3% stake in Adani
Transmission through open market transactions to raise about______.Solution
The Adani Group has sold around 3% stake in Adani Transmission through open market transactions to raise about âš2,666 crore.AÂ GQG invested in Adani Enterprises and Adani Green Energy after promoter entities sold stakes in the two companies via bulk deals to raise âš8,372 crore. The US-based fund increased its stake from 3.39% to 4.96% in Adani Enterprises, and from 3.5% to 6.32% in Adani Green.
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