GQG Partners Sells Adani Group Shares Worth Rs 5,746 Crore; India’s Biggest Mutual Fund Emerges As Buyer

On Monday, Indian equity benchmarks traded lower, with the benchmark Nifty 50 index declining 0.85 per cent to 23,169.25. Amid the weak market sentiment, two Adani Group companies remained in focus after large block deals involving Adani Enterprises and Adani Energy Solutions were executed on June 5, 2026.

SBI Mutual Fund Acquires Stakes In Two Adani Group Companies

According to exchange block deal data, SBI Mutual Fund purchased shares in both Adani Enterprises and Adani Energy Solutions from GQG Partners Emerging Markets Equity Fund.

In Adani Enterprises, SBI Mutual Fund acquired 1,64,39,984 equity shares at an average price of Rs 2,913.40 per share. Based on the transaction price, the deal value stands at approximately Rs 4,789.3 crore.

In Adani Energy Solutions, SBI Mutual Fund purchased 63,65,796 equity shares at an average price of Rs 1,504.80 per share, taking the transaction value to approximately Rs 957.4 crore.

The combined value of both transactions works out to around Rs 5,746.7 crore, making it one of the notable institutional block deals involving Adani Group companies in recent months.

Adani Enterprises Share Performance

Shares of Adani Enterprises Ltd traded at Rs 3,031.00, down 0.56 per cent during Monday's session. The stock has delivered returns of 20.04 per cent in the last one month, 35.73 per cent over the last six months, and 20.16 per cent over the past one year.

Adani Energy Solutions Share Performance

Shares of Adani Energy Solutions traded at Rs 1,572.70, down 0.40 per cent during Monday's session. The stock has generated returns of 16.26 per cent in the last one month, 63.84 per cent over the last six months, and 74.58 per cent over the past one year.

About Adani Enterprises

Adani Enterprises Limited is the flagship incubator company of the Adani Group and is engaged in developing and scaling businesses across airports, roads, green hydrogen, data centres, mining services, integrated resource management, Defence and Aerospace, and other infrastructure segments.

The company plays a strategic role within the Adani Group by incubating new businesses and creating long-term growth platforms. Several successful Adani Group-listed entities have originated from businesses initially developed under Adani Enterprises.

About Adani Energy Solutions

Adani Energy Solutions Limited is one of India's leading private-sector power transmission and distribution companies. The company develops, operates and maintains transmission networks while also expanding its presence in smart metering, grid modernisation and energy infrastructure solutions.

With a growing portfolio of transmission assets and utility projects, the company continues to play a key role in strengthening India's power infrastructure and supporting the country's increasing electricity demand.

What are your views on SBI Mutual Fund's latest investment in Adani Group companies? Share your thoughts in the comments below.
Disclaimer: The article is for informational purposes only and not investment advice.