Investment firm GQG Partners has increased its stake in Adani Ports And Special Economic Zone Ltd. The share of GQG Partners has increased from 4.93% to 5.03% after buying more shares. Thus, GQG Partners acquired 2.2 million shares of the company through a bulk deal.
In a separate development, Resurgent Trade and Investment acquired 3,26,18,000 shares or 1.51% stake in APSEZ. Emerging Market Investment DDC bought 1,11,89,500 shares or 0.52% stake during June 22-28. Following the acquisition of the 2% stake, the cumulative holding of promoter and promoter group entities in the company has gone up to 63.06%.
