Qatar Holding LLC, an affiliate of the sovereign wealth fund Qatar Investment Authority, has sold 48.05 lakh shares of Adani Energy Solutions to Birla Mutual Fund for ₹643 crore through open market transactions, according to data available on the BSE.
Qatar Holding LLC offloaded 48,05,974 shares, representing a 0.40 per cent stake in Adani Energy Solutions, as per a block deal data executed on Friday.
The shares were disposed of at an average price of ₹1,339 apiece, taking the deal value to ₹643.52 crore.
Meanwhile, Birla Mutual Fund acquired the same number of shares at the same price.
Following the completion of the transaction, shares of on Friday rose 2.10 per cent to close at ₹1,368 apiece on the BSE.
Last month, Adani Energy Solutions posted a marginal rise of 1.3 per cent in its consolidated net profit at ₹723 crore for the quarter ended March 2026, supported by a rise in revenues. The company had logged a net profit of ₹714 crore in the year-ago period.
Its total income rose to ₹7,588.08 crore from ₹6,596.39 crore in January-March FY25, the company said.
In the entire fiscal, the net profit was at ₹2,392.75 crore, an over two-fold jump from ₹921.69 crore as of March 31, 2025, and the total income rose to ₹28,325.16 crore from ₹24,446.55 crore, it added.