American Funds (Capital Group) bought 1,74,49,024 shares of Adani Ports and Special Economic Zone Limited for ₹2848.47 Cr at ₹1632.45 apiece in a block deal. This was part of a larger transaction where Capital Group entities acquired stakes from Worldwide Emerging Market Holding Limited.
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.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.
