Adani Enterp. 2475.60↓-158.10(-6.00%)
Adani Ports 718.25↓-15.80(-2.15%)
Apollo Hospitals 4536.45↓-13.95(-0.31%)
Asian Paints 3101.50↓-19.10(-0.61%)
Axis Bank 917.70↑1.55(0.17%)
B P C L 363.30↓-3.30(-0.90%)
Bajaj Auto 4517.60↑19.50(0.43%)
Bajaj Finance 6785.95↑5.40(0.08%)
Bajaj Finserv 1426.45↓-10.80(-0.75%)
Bharti Airtel 801.40↑1.45(0.18%)
Britannia Inds. 4519.80↓-1.85(-0.04%)
Cipla 938.00↑7.60(0.82%)
Coal India 241.00↑1.70(0.71%)
Divi's Lab. 3383.15↓-2.65(-0.08%)
Dr Reddy's Labs 4519.25↑58.70(1.32%)
Eicher Motors 3610.90↑9.30(0.26%)
Grasim Inds 1700.35↑2.40(0.14%)
H D F C 2671.75↓-34.10(-1.26%)
HCL Technologies 1111.95↑4.60(0.42%)
HDFC Bank 1615.80↓-21.40(-1.31%)
HDFC Life Insur. 566.00↑3.30(0.59%)
Hero Motocorp 2738.70↑28.25(1.04%)
Hind. Unilever 2614.95↓-13.35(-0.51%)
Hindalco Inds. 406.90↓-3.40(-0.83%)
ICICI Bank 940.65↓-12.75(-1.34%)
IndusInd Bank 1271.75↑11.55(0.92%)
Infosys 1298.65↓-1.40(-0.11%)
ITC 433.50↑4.35(1.01%)
JSW Steel 696.00↓-8.10(-1.15%)
Kotak Mah. Bank 1910.35↓-11.15(-0.58%)
Larsen & Toubro 2185.15↓-12.50(-0.57%)
M & M 1275.70↑7.15(0.56%)
Maruti Suzuki 9270.75↑70.05(0.76%)
Nestle India 21380.60↓-23.10(-0.11%)
NTPC 174.95↑0.80(0.46%)
O N G C 166.25↑1.25(0.76%)
Power Grid Corpn 235.80↑1.70(0.73%)
Reliance Industr 2440.25↓-14.30(-0.58%)
SBI Life Insuran 1175.35↑9.75(0.84%)
St Bk of India 582.70↑1.10(0.19%)
Sun Pharma.Inds. 952.15↑20.55(2.21%)
Tata Consumer 771.15↑1.10(0.14%)
Tata Motors 520.20↓-8.30(-1.57%)
Tata Steel 105.20↓-0.40(-0.38%)
TCS 3303.35↑6.30(0.19%)
Tech Mahindra 1098.75↑8.25(0.76%)
Titan Company 2707.25↑23.80(0.89%)
UltraTech Cem. 7653.80↓-0.45(-0.01%)
UPL 682.25↑1.60(0.24%)
Wipro 399.70↑2.05(0.52%)

Abu Dhabi funds, Hinduja group could invest in Adani firms' share sale

Adani Group shares have recovered sharply after Supreme Court-appointed committee last week gave its interim report in Hindenburg Research matter

Dev Chatterjee Mumbai

Premium

Photo: Bloomberg

3 min read Last Updated : May 24 2023 | 3:46 PM IST

Listen to This Article

GQG Partners, Abu Dhabi Investment Authority, International Holding Company, and the Hinduja conglomerate are among famed investors that have shown interest in participating in Adani Group companies' share sale plan that would raise up to Rs 29,000 crore, said investment banking sources.

Shares of the Adani Group have recovered sharply after a committee appointed by the Supreme Court last week did not make any adverse comments in its interim report about the conglomerate, which was attacked by US short-seller Hindenburg Research in January.

Abu Dhabi Investment Authority (ADIA) and International Holding Company (IHC), which have shown interest in the group’s share sale plans, were anchor investors in Rs 20,000 crore in group flagship Adani Enterprises' share sale in January. The sale was scrapped after Hindenburg’s allegations, which the Adani Group has vehemently denied.