Goldman Sachs decreased its holding in Adani Enterprises from 2,67,65,500 shares to 2,46,71,172 shares, lowering its stake from 2.06% to 1.82%. The transaction occurred in the context of a rights issue.
A diversified infrastructure and resources conglomerate with extensive operations spanning mining, integrated resource management, and large-scale infrastructure development across airports, roads, rail and metro systems, water projects, and data centres. The company also manufactures solar equipment and maintains active involvement in agriculture and defence sectors. Adani Enterprises manages multiple economic verticals through an integrated and vertically diversified business model across India.
US-based global investment bank (USD 1.6 trillion in assets, USD 3 trillion+ in client AUM through Goldman Sachs Asset Management). India FPI activity covers proprietary, market-making, client flows and active asset management mandates in listed Indian equities.
