Adani Green’s promoter sells company’s shares worth over Rs 1,840 crore

Adani Trading Services LLP, a promoter entity of Adani Green, on Wednesday sold 2 crore shares of Adani Green Energy Ltd worth over Rs 1,840 through open market transactions. According to the block deal data available with the BSE, Adani Trading Services had divested 2,00,96,000 scrips of the company in the price range of Rs 906 to 916.15. This translated into the total deal value of Rs 1,840.20 crore. In separate open market deals, the shares of Adani Green were purchased by Acme Trade and Investment Ltd.

As per Adani Green’s shareholding pattern data for the September 2020 quarter, Adani Trading Services LLP held 33.92 per cent stake in the company as a promoter. At the end of trading on Wednesday, shares of Adani Green had fallen 0.40 per cent to close at Rs 921.50 apiece on the BSE.