Goldman Sachs decreased its stake in Adani Energy Solutions from 2.97% to 2.78%, selling 2,236,339 shares. The stake is worth ₹344.66 Cr at ₹1540.70 per share. This transaction was in the context of a rights issue.
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.
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.
