GQG Partners Ups Investment in Five Adani Firms with ₹5,094 Crore Stake Boost
Global investment firm led by Rajiv Jain buys stakes across Adani Enterprises, Adani Ports, Adani Green Energy, Adani Energy Solutions and Adani Power through major block transactions.
Mumbai, Nov 19 : GQG Partners, the global investment firm headed by Rajiv Jain, has strengthened its exposure to the Adani Group by acquiring stakes worth over ₹5,094 crore across five group companies through a series of large block deals. The shares were purchased from Reliance Trust, marking a significant expansion of GQG’s India-focused portfolio spanning the energy, ports, and infrastructure sectors.
Adani Enterprises
GQG Partners International Equity CIT acquired 53.42 lakh shares of Adani Enterprises for ₹1,315.20 crore, priced at ₹2,462 per share. As of September 30, 2025, the firm already held a 1.75% stake (2.01 crore shares) in the company.
Adani Ports
In Adani Ports & Special Economic Zone, GQG picked up 73.17 lakh shares at ₹1,507.6 per share, amounting to ₹1,103.14 crore. The investment further strengthens its 2.42% stake in the port operator as of the last reported quarter.
Adani Green Energy
The firm also expanded its position in Adani Green Energy by purchasing 77.39 lakh shares across three tranches for ₹842.53 crore at ₹1,088.6 per share. GQG held a 2.46% stake (4.04 crore shares) as of September 30, 2025.
Adani Energy Solutions
In Adani Energy Solutions, GQG acquired 53.94 lakh shares at ₹1,021.55 apiece, valuing the deal at ₹551.08 crore. The firm’s stake stood at 1.86% (2.23 crore shares) in the previous quarter.
Adani Power
Adani Power also saw heavy inflows, with GQG buying 83.61 lakh shares for ₹1,281.57 crore across multiple tranches at ₹153.28 per share.
Market Reaction
Despite the sizeable investments, shares of major Adani Group companies saw slight declines post-transaction. According to NSE data:
Adani Enterprises closed at ₹2,439,
Adani Ports at ₹1,491.20, and
Adani Green Energy at ₹1,077.20.
Growing Institutional Confidence
The latest round of purchases underscores GQG Partners’ sustained confidence in the Adani Group’s diversified businesses. The conglomerate continues to attract strong institutional interest across sectors such as energy, logistics, and infrastructure.
