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 ₹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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