GQG Partners Sells 1.63% Stake in Adani Energy

GQG Partners LLC has sold 1.99 crore shares, representing a 1.63% stake, in

through open market transactions between June 30 and August 31. The stake sale marks a reduction in the institutional investor’s holding in the power transmission and distribution company. Adani Energy Solutions continues to focus on expanding its transmission network and renewable energy-linked infrastructure across India. The open-market sale comes amid ongoing developments in the broader Adani Group and the power sector. Market participants will closely monitor any further changes in shareholding patterns and the company’s operational performance in the coming quarters. **Top stocks in the power transmission & energy industry:** Power Grid Corporation of India, Tata Power, and NTPC.