GQG trims Adani Enterprises, Energy stakes in ₹5,718 cr block deals; SBI MF picks up both
GQG Partners sold 1.3% of Adani Enterprises for ₹4,760 cr and 0.5% of Adani Energy Solutions for ₹958 cr, with SBI Mutual Fund as buyer. AEL separately cleared a ₹15,000 cr fundraise even as Q4 swung to a ₹220.7 cr loss on revenue of ₹32,439 cr (+20.3%).
What happened
GQG Partners sold 1.3% in Adani Enterprises (₹4,760 cr) and 0.5% in Adani Energy Solutions (₹958 cr); SBI MF bought both. AEL also approved a ₹15,000 crore
Key facts
- ₹5,718 crore total
- ₹4,760 crore AEL block
- 1.64 crore shares AEL at ₹2,913.40
- ₹958 crore AESL block
- 0.5% AESL stake at ₹1,504.8
- ₹15,000 crore fundraise approved
- Q4 net loss ₹220.7 crore
- Q4 revenue ₹32,439.3 crore up 20.3%
Why this matters
The ₹15,000 cr AEL capital raise clearance amid active block-deal liquidity creates a window to fund inorganic moves while domestic MF absorption validates strategic optionality despite the quarterly loss print.