Envestcom Holding RSC fund sells 1.83 pc stake in Adani Energy Sol for Rs 1,737 cr

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Envestcom Holding RSC fund sells 1.83 laptop stake in Adani Energy Sol for Rs 1,737 cr



NEW DELHI: A fund on Wednesday divested a 1.83 per cent stake in Adani Energy Solutions for Rs 1,737 crore by way of open market transactions.

Envestcom Holding RSC Ltd offloaded almost 2.2 crore fairness shares, representing a 1.83 per cent stake in Adani Energy Solutions Ltd (AESL), as per the majority deal data obtainable on the BSE and NSE.

The shares had been bought at a median worth of Rs 790 apiece, taking the mixed deal worth to Rs 1,736.73 crore.

After the stake sale, Envestcom Holding’s shareholding in AESL has come all the way down to 0.85 per cent from 2.68 per cent.

Details of the patrons of Adani Energy Solutions’ shares couldn’t be ascertained on the exchanges.
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Shares of Adani Energy Solutions fell 1.46 per cent to shut at Rs 790.65 on the BSE, while it went decrease by 0.89 per cent to settle at Rs 794.95 apiece on the NSE.

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