GQG Partners LLC has disclosed a sale of equity shares in Adani Energy Solutions Limited, resulting in an aggregate change in shareholding of 1.63%. The transactions, executed through multiple on-market trades, have reduced the combined holding of the acquirer and Persons Acting in Concert (PACs) to 3.46%. This disclosure was made as per SEBI’s Takeover Code regulations, reflecting a shift in the substantial shareholder’s position as of August 31, 2026.
Adani Energy Solutions Shareholding Update
GQG Partners LLC, acting as the investment manager for a group of acquirers and Persons Acting in Concert (PACs), has announced a material change in its shareholding of Adani Energy Solutions Limited. The disclosure, filed under SEBI’s (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicates that the acquirer and PACs have sold equity shares via multiple on-market transactions. This activity has led to an aggregate change in shareholding exceeding 2% of the total shareholding or voting rights in the company.
Key Shareholding Figures
Prior to the recent transactions, the acquirer and PACs held 5.09% of the total share capital. Following the sale of shares amounting to 19,967,446 equity shares (representing 1.63%), their current shareholding stands at 42,295,699 equity shares, which translates to 3.46% of the total share capital. These figures reflect the holdings as of August 31, 2026.
Transaction Details
The disposal of shares was executed through open market transactions. The period covered for these multiple transactions spans from July 1, 2023, to August 31, 2026. GQG Partners LLC has confirmed that it made the investment decision on behalf of the acquirer and PACs.
Source: BSE
