{"id":588267,"date":"2023-07-01T11:21:34","date_gmt":"2023-07-01T05:51:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=588267"},"modified":"2023-07-01T11:21:34","modified_gmt":"2023-07-01T05:51:34","slug":"gqg-acquires-3-in-adani-transmission-for-rs-2666-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gqg-acquires-3-in-adani-transmission-for-rs-2666-crore\/","title":{"rendered":"GQG acquires 3% in Adani Transmission for Rs 2,666 crore"},"content":{"rendered":"<p>The Adani Group on Friday sold around 3% stake in Adani Transmission through open market transactions to raise about \u20b92,666 crore. US-headquartered investment firm GQG Partners &#8211; which had bought about $1-billion shares of two other Adani firms on Wednesday &#8211; purchased the entire lot, market participants said.<\/p>\n<p>According to NSE bulk deals data, Fortitude Trade and Investment, a promoter of Adani Transmission, sold 33.9 million shares, or a 3.04% stake, in the company for \u20b92,666.47 crore at \u20b9786.19 apiece.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Adani Group on Friday sold around 3% stake in Adani Transmission through open market transactions to raise about \u20b92,666 crore. US-headquartered investment firm GQG Partners &#8211; which had bought about $1-billion shares of two other Adani firms on Wednesday &#8211; purchased the entire lot, market participants said. According to NSE bulk deals data, Fortitude Trade and Investment, a promoter of Adani Transmission, sold 33.9 million shares, or a 3.04% stake, in the company for \u20b92,666.47 crore at \u20b9786.19 apiece.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-588267","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/588267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=588267"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/588267\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=588267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=588267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=588267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}