Archive · 22 Sep 2025
GQG Partners Trims Adani Power Stake After Stock Split
GQG Partners, an investment firm, sold some of its shares in Adani Power, making about $250 million.
This happened last week.
Following a stock split, where investors got more shares, the price jumped by 20%.
The share price rose after a positive review from SEBI about allegations of stock manipulation made earlier by Hindenburg Research.
Adani Power stated that the increase in volume was purely due to market conditions and that it had no information on the reason.
GQG Partners reduced its stake in Adani Power by approximately 1%.
The transaction was valued at $250 million.
SBI Funds Management Ltd and Citadel Securities LLC purchased shares.
Shares were sold at a discount to the Friday closing price.
Adani Power shares surged 20% following a stock split.
- Who
- GQG Partners, Adani Power
- What
- GQG Partners reduced its stake in Adani Power; share price surged
- When
- Last week and Monday
- Where
- N/A
- Why
- GQG Partners booked profits, market conditions
- Company
- Adani Power
- Action
- Stake Reduction
- Investor
- GQG Partners
- Transaction Value
- $250 million
- Share Price Range
- Rs 610–625
- Stock Split Impact
- Shares surged 20%
Sources
Adani Power share split record date fast approaching. Details here
Adani Power shares to trade ex-stock split today — All You Need to Know
Adani Power stock split explained; don't panic if scrip shows sharp fall today; here's why
Adani Power share price jumps 17% post stock split; here's why
Adani Power stock split takes effect today: 5 key things investors must know
Adani Power trades ex-split, shares soar 18% on NSE post sub-division
Adani Power Shares Jump Nearly 20% As 1:5 Stock Split Takes Effect — Key Details
Confused! Why Did Adani Power Shares Seem To Crash 80% — But Actually Jump 20% To 52-Week High?
Adani Power hits 20% upper circuit post stock split: What it means and how shareholders benefit
Adani Power hits 20% upper circuit post stock split: What it means, how shareholders benefit
