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      Question

      The Adani Group has sold around 3% stake in Adani

      Transmission through open market transactions to raise about______.
      A Rs.2666 crore Correct Answer Incorrect Answer
      B Rs.2756 crore Correct Answer Incorrect Answer
      C Rs.2810 crore Correct Answer Incorrect Answer
      D Rs.2912 crore Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      The Adani Group has sold around 3% stake in Adani Transmission through open market transactions to raise about β‚Ή2,666 crore.AΒ  GQG invested in Adani Enterprises and Adani Green Energy after promoter entities sold stakes in the two companies via bulk deals to raise β‚Ή8,372 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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