US-based boutique investment firm GQG Partners invested USD 1.1 billion in Adani Power to pick up 8.1% stake in company, said PTI in its news report.
GQG Partners bought 31 crore shares of Adani Power in the largest ever secondary market equity deal, they said, adding that promoter Adani family sold the stake for over ₹9,000 crore.
(more to come)
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Updated: 16 Aug 2023, 06:15 PM IST