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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 ₹2,666 crore.A  GQG invested in Adani Enterprises and Adani Green Energy after promoter entities sold stakes in the two companies via bulk deals to raise ₹8,372 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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