GQG Partners Increases Stake in Adani Group Companies with ₹5,094 Crore Investment

Overview

Rajiv Jain-led GQG Partners has significantly increased its investment in five Adani Group companies, including Adani Enterprises and Adani Ports, through block deals totaling ₹5,094 crore. This move solidifies GQG's position as a major investor in the conglomerate, especially following the Hindenburg report.