Adani investor GQG picks up 2.58% stake in IDFC First Bank for Rs 1,527 crore via bulk deal

US-based GQG Partners, a prominent investor in Adani Group stocks, bought a stake in IDFC First Bank through bulk deals on Friday.

According to exchange data, GQG Partners has picked up 17.1 crore shares or 2.58% stake in the lender for about Rs 1,527 crore. The transaction was done at Rs 89 apiece.

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