Business · Markets · 1 hr ago
GQG cuts Adani holdings by an estimated ₹8,000 crore in September quarter
US investment firm GQG Partners cut Adani stakes worth an estimated ₹8,000 crore across five group companies in the September quarter.
The firm’s holdings in the companies were valued at about ₹39,270 crore at the end of September, down from ₹47,290 crore three months earlier.
Its largest quarterly cut was in Adani Energy Solutions, where its stake fell to 1.71% from 4.14%.
GQG had also sold an estimated ₹13,200 crore in Adani shares during the first half of 2026.
Foreign portfolio investors showed mixed moves, raising holdings in Adani Enterprises, Adani Ports and Adani Total Gas while reducing them in three other group companies.
The mixed pattern means overseas investors did not move uniformly away from the group.
The figures cover the September quarter, and no further action or next step is specified.
GQG Partners cut its holdings in five Adani Group companies by an estimated ₹8,000 crore in the September quarter.
Its holdings were worth around ₹39,270 crore at the end of September, down from ₹47,290 crore a quarter earlier.
The firm’s largest reduction was in Adani Energy Solutions, where its stake fell to 1.71% from 4.14%.
Overall foreign portfolio investor holdings rose in Adani Enterprises and Adani Ports but fell in three other Adani companies.
- Who
- GQG Partners, a US-based investment firm, reduced its Adani Group holdings.
- What
- It cut stakes worth an estimated ₹8,000 crore across five group companies.
- When
- The September quarter of 2026.
- Where
- Adani Group companies in India.
- Why
- Not stated
This story does not have two clearly opposing sides.
GQG’s estimated stake sales in Adani Group companies totaled around ₹13,200 crore.
GQG cut its Adani holdings by an estimated ₹8,000 crore.
- Estimated reduction
- ₹8,000 crore
- Companies affected
- Five Adani Group stocks
- Holdings at end of September
- Around ₹39,270 crore
- Largest reduction
- Adani Energy Solutions
- Adani Energy Solutions stake
- 1.71%, down from 4.14% in June
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