SBI Mutual Fund bought 63,65,796 shares of Adani Energy Solutions for ₹957.92 Cr at ₹1504.80 apiece in a block deal.
India's largest private power transmission company, Adani Energy Solutions operates across multiple segments of the energy sector including transmission, distribution, smart metering, and advanced cooling solutions. The company provides critical infrastructure for power delivery and grid management across India's diverse regions. Its vertically integrated and diversified energy portfolio positions it as a key player in the nation's power infrastructure ecosystem and energy transition.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.
