The Adani Group Companies on Thursday (March 2) sold shares worth Rs.15,446 crores collectively to US Private Equity Firm GQG Partners through Block Trades. The sale of these shares has been done as a secondary equity transaction.

Adani Ports and Special Economic Zone Limited, Adani Green Energy Limited, Adani Transmission Limited and Adani Enterprises Limited – these four under the Adani Group of Companies. Shares of the company have been sold.

Adani Management has assured the bondholders that within the current month of March, they will prepay or repay the share-backed loan worth 690 million to 790 million US dollars. The day after the assurance was given on Wednesday, March 1, the Adani group sold shares in four of its companies.

As a result of this investment, GQG has become a key investor in the Development and Growth of Critical Infrastructure in India, Adani Group said in its statement. The transaction was completed between Adani Group and US private equity firm Jefferies India Private Limited.

It should be noted here that an allegation has been brought against the Adani group, that Adani has taken a loan of 3 billion US dollars from the Middle-East Sovereign Wealth Fund. The Adani Group soon sold shares in four of its subsidiaries.

Rajiv Jain, Chairman and CIO of GQG Partners said, “We believe that these companies have the potential of long-term growth and we are happy to invest in these companies. These companies will help drive the Indian Economy and Energy Infrastructure forward.”

Shares of ten Adani group companies remained higher on Thursday. The combined current market capitalization of Adani in the stock market is now Rs 7.86 lakh crore.

US Short-Seller Hindenburg Research (US Short-Seller Hindenburg Research) accused Adani Group of Stock Manipulation and Using Stock Havens in January. Since then, stock market gains continued to fall.

On Thursday, the Supreme Court asked the Securities and Exchange Board of India (SEBI) to complete the investigation within two months. It will be investigated whether Adani has really violated the rules (Violation of Rules). Besides, a court panel has also been formed.

” Adani Group welcomes the order of the Hon’ble Supreme Court. This issue will be finalized in due course. Truth will win, ” said Adani Group Chairman Gautam Adani said about the order of the top court of the country.