Qatar Investment Authority Acquires Shares Worth ₹39.2 Billion in Adani Green

Infinite Trade and Investment, a stakeholder of AGEL, divested 44.88 million shares

August 8, 2023

/ Arjun Joshi
/ Other, Renewable Energy
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INQ Holdings, a wholly-owned subsidiary of the Qatar Investment Authority, has acquired a significant stake in Adani Green Energy (AGEL) by purchasing 42.6 million shares. The transaction took place at a price of ₹920 (~$11.11) per share, taking the total transaction value to ₹39.2 billion (~$472 million).

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Arjun Joshi

More articles from Arjun Joshi.
Adani GreenINQ HoldinginvestmentQatar Investment Authority
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