Adani Ports and Special Economic Zone Limited
Goldman Sachs decreased its stake in Adani Ports and Special Economic Zone Limited from 2.26% to 1.93%, selling 7,619,044 shares. The value of the shares sold was approximately ₹1,281.5 crore, calculated at a share price of ₹1681.90. This reduction in stake by Goldman Sachs follows a broader trend of the firm cutting its exposure to Adani Group companies in its ESG portfolios after allegations made by Hindenburg Research.
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.
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.