Capital Group bought 1,19,31,129 shares of Adani Ports and Special Economic Zone Limited for ₹1947.70 Cr at ₹1632.45 apiece in a bulk deal. This acquisition was part of a larger transaction where Capital Group acquired a nearly 2% stake in Adani Ports from a promoter group entity.
India's largest private port operator, Adani Ports develops, operates, and maintains port infrastructure across multiple locations nationwide. The company manages cargo handling facilities, vessel operations, and related logistics services, alongside a multi-product Special Economic Zone at Mundra that supports integrated industrial operations. Its vertically integrated port-SEZ model enables comprehensive supply chain solutions and infrastructure development for diverse industries.
One of the world's largest active asset managers, based in Los Angeles, with USD 2.7 trillion across its American Funds family. Holds material India exposure through global, EM and India-focused mandates.
