Adani Group’s Rs 15,446-crore deal with investment company GQG partners will likely calm investors’ nerves and offer some confidence in the conglomerate’s ability to raise funds for repayment of loans, analysts said.
Adani promoter has sold stakes in 4 group companies Adani Ports and Special Economic Zone, Adani Green Energy, Adani Transmission and Adani Enterprises through block deals to Florida-based GQG partners.