Adani Green promoters pick up 2.1% stake through open market, Energy News, ET EnergyWorld

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Promoters of Adani Green Energy have picked up a 2.1 per cent stake, or 33.2 million shares, in the company through the open market. These shares were bought between September 1 and September 21, the company informed stock exchanges Friday.

Promoter Spitze Trade & Investment has purchased these shares, with other promoters including Gautam Adani, Rajesh Adani, Rahi Adani and Infinite Trade & Investment acting in concert, it said.

Spitze Trade & Investment held a 2.19 per cent stake in the company before the stake buy, and now has 4.29 per cent. Together, the promoter stake now stands at 55.54 per cent, as against 53.44 per cent earlier.

Shares of Adani Green ended 0.57 per cent lower at Rs 1,017.35 on the BSE Friday. They are up nearly 10 per cent this month, but down more than 47 per cent so far in 2023.

  • Published On Sep 23, 2023 at 09:29 AM IST

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