Meanwhile, Worldwide Emerging Market Holding, part of the promoter group, offloaded a 1.2% stake. Another promoter entity Afro Asia Trade and Investments sold its entire stake in the deal. The promoter group entities together sold about 8.1% stake in Adani Power, bulk deals data further showed.
TAQA, which is the second largest stock on ADX, is reportedly interested to pick up a stake up to 19.9 per cent in Adani Group firms through a combination of primary infusion into the company and the secondary purchase of shares from promoter family entities.
TAQA Plans To Invest Up To $2 5 Billion In Gautam Adani s Power Business: Report outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.