Ambuja Cements: The Adani family, which owns the Adani Group, earned Rs 4,251 crore on Friday. They got this money by selling shares of Ambuja Cements. Now the Adani family will invest this money in different companies of the group. Through this sale, the Adani family is managing its $125 billion portfolio. In this, big companies like GQG Partners, National Pension System Trust and SBI Life Insurance have bought this stake in Ambuja Cement.
GQG Partners buys stake worth Rs 1,679 crore
According to stock exchange data, GQG Partners has bought the highest stake of Rs 1679 crore in Ambuja Cement. National Pension System Trust has taken a stake of Rs 525 crore and SBI Life Insurance has taken a stake of about Rs 500 crore. According to a Business Standard report, the Adani family is reducing its stake in group companies. Shares of Adani Group companies led by Gautam Adani are currently at their 52-week high.
Adani Group will invest $100 billion on infrastructure
Adani Group has planned to invest $100 billion in the infrastructure sector in the next decade. Out of this, they will invest $15 billion in this financial year itself. According to the information, many investors are eager to join India’s development journey. Such companies are buying shares on a large scale. In such a situation, it is expected that the Adani family will continue to sell its stake in other companies in the future as well. On Friday, Ambuja Cement’s share closed at Rs 633. In this block deal, the company’s shares have been given at a price of Rs 625.
Now the family will sell its stake in Adani Power
After this sale, the Adani family now has 67.3 percent stake in Ambuja Cement. Adani Group bought this company from Swiss firm Holcim in May 2022. Now the Adani family is also going to reduce its stake in Adani Power by about 3 percent. However, he has not yet given information about when this sale will take place.
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