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GQG unloads Adani Enterprises stake worth Rs 1435 crore as SBI Mutual Fund steps in
Business
Published on 14 May 2026
SBI Mutual Fund buys the full stake in one shot
Marquee investor GQG Partners has sold nearly 58.9 lakh shares of Adani Enterprises in a block deal worth about Rs 1,435 crore. SBI Mutual Fund bought the entire stake at Rs 2,435.6 per share. The sale comes after the stock surged sharply during the session, rising up to 9%.
- GQG Partners offloaded nearly 58.9 lakh Adani Enterprises shares
- Block deal value is about Rs 1,435 crore
- SBI Mutual Fund acquired the entire stake at Rs 2,435.6
- The trade followed a sharp stock rally of up to 9%
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times