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VERIFIEDET Markets·neutral
Rs 1,435 crore Adani Enterprises block deal sees GQG sell stake to India's largest mutual fund
AI Summary
- ·GQG Partners sold approximately 58.9 lakh shares of Adani Enterprises for Rs 1,435 crore.
- ·SBI Mutual Fund purchased the entire stake at Rs 2,435.6 per share.
- ·The deal occurred as Adani Enterprises' stock rallied up to 9% in the trading session.