A promoter group entity of Adani Green Energy on Tuesday sold a 1.3 per cent stake to Adani Infra (India) Ltd for ₹3,246 crore through open market transactions.
According to the block deal data on the NSE, Ardour Investment Holding Ltd, a promoter entity, offloaded 2,15,00,000 shares representing a 1.3 per cent stake in Adani Green Energy.
The shares were disposed of at an average price of ₹1,510 apiece, taking the transaction value to ₹3,246.50 crore.
At the end of the March quarter, Ardour Investment Holding Ltd owned a 6.35 per cent equity stake in the company.
Meanwhile, Adani Infra (India) Ltd acquired the same number of shares, as per the data.
Shares of Adani Green Energy rose nearly 3 per cent to close at ₹1,532 apiece on the National Stock Exchange (NSE).