Adani completes Rs 154.46 billion secondary equity transaction with GQG Partners

March 10, 2023

GQG Partners has announced the completion of a Rs 154.46 billion ($1.87 billion) in a series of secondary block trade transactions in the Adani Portfolio companies. The companies include Adani Ports and Spe­cial Economic Zone Limited, Adani Green Energy Limited, Adani Trans­mi­ssion Limited and Adani Enterprises Limited. The investment has made GQG a key investor in the development and growth of critical Indian infrastructure. Jefferies India Private Limited acted as the sole broker for the transaction.