SBI Mutual Fund Acquires Rs 5,750 Crore Stake in Adani Enterprises and Adani Energy Solutions From GQG Partners
Acquisition

SBI Mutual Fund Acquires Rs 5,750 Crore Stake in Adani Enterprises and Adani Energy Solutions From GQG Partners

Jun 5, 2026

Deal Summary

GQG Partners sold its holdings in Adani Enterprises and Adani Energy Solutions for a total of about Rs 5,750 crore ($693M) in block deals, with SBI Mutual Fund buying the entire stake on June 5, 2026. The transaction marks a portfolio‑rebalancing move for the foreign fund.

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