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GQG trims Adani exposure in Rs 5,750 crore block deal, sell shares in two group stocks

Posted on June 5, 2026
By Business News Today
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GQG trims Adani exposure in Rs 5,750 crore block deal, sell shares in two group stocks

GQG Partners sold stakes in Adani Enterprises and Adani Energy Solutions worth about Rs 5,750 crore through block deals, with SBI Mutual Fund acquiring the shares. The transactions are seen as portfolio rebalancing after a strong recovery in Adani Group stocks over the past year.