Business

Adani Green’s promoter sells company’s shares worth over Rs 1,840 cr

Illustration: Ajay Mohanty

Adani Trading Services LLP, a promoterentity of Adani Green, on Wednesday bought 2 crore shares of Adani Green Energy Ltd worth over Rs 1,840 via open market transactions.



According to the block deal knowledge out there with the BSE, Adani Trading Services had divested 2,00,96,000 scrips of the company within the value vary of Rs 906 to 916.15.

This translated into the overall deal worth of Rs 1,840.20 crore.

In separate open market offers, the shares of Adani Green had been bought by Acme Trade and Investment Ltd.

As per Adani Green’s shareholding sample knowledge for the September 2020quarter, Adani Trading Services LLP held33.92 per cent stake within the company as a promoter.

At the tip of buying and selling on Wednesday, shares of Adani Green had fallen0.40 per cent to shut at Rs 921.50 apiece on the BSE.

Separately, Resilient India Growth Ltd divested 1.76 croreshares of Religare Enterprises Ltd worth over Rs 116 crore via an open market deal.

According to BSE block knowledge, 1.76 crore scripsof the company had been offloaded by Resilient India at an averageprice of Rs66, taking the overall deal worth to Rs 116.41 crore.

The shares had been purchased by Investment Opportunities V pte Ltd on the similar value, the info confirmed.

Stocks of Religare on Wednesday settled 2.33 per cent larger at Rs 68.20 apiece on the BSE.

(Only the headline and film of this report could have been reworked by the Business Standard employees; the remainder of the content material is auto-generated from a syndicated feed.)

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