Adani Ports promoter sells 2% stake for Rs 7,486 crore; shares slip


Daijiworld Media Network – Mumbai

Mumbai, May 5: A promoter group entity of Adani Ports and Special Economic Zone (APSEZ) has offloaded a 2% stake in the company for Rs 7,486 crore through open market transactions, as per block deal data available on the BSE.

U.S.-based investment firm Capital Group is learnt to have picked up the shares in the transaction.

Following the stake sale, shares of APSEZ declined 1.10% to trade at Rs 1,723.75 apiece on the BSE on Tuesday.

 

 

  

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Title: Adani Ports promoter sells 2% stake for Rs 7,486 crore; shares slip



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