Adani Energy Solutions Limited
GQG Partners decreased its stake in Adani Energy Solutions from 1.91% to 1.36%, reducing its shareholding by 6,519,560 shares (from 22,886,433 to 16,366,873) in a rights issue context. GQG Partners sold 63.66 lakh shares of Adani Energy Solutions for around ₹958 crore at ₹1,504.8 per share in June 2026.
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.
Florida-based global active manager founded in 2016 by Rajiv Jain (ex-Vontobel) and Tim Carver. Manages USD 150 bn+, with the EM Equity fund alone at USD 23 bn (Sep 2024). India is the top country weight in GQG's EM strategy with nearly USD 10 bn deployed in Indian equities including big names in financials, energy and infrastructure. Jain's quality-growth playbook has made GQG one of the most-watched buyers on the street.