TotalEnergies divests Adani Green shares worth Rs 2,778 cr – News Air Insight

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MUMBAI TotalEnergies Renewables Indian Ocean sold shares of Adani Green Energy worth ₹2,778.1 crore in a block deal on NSE on Wednesday.

The entity sold 2.86 crore shares at ₹970 apiece, offloading 1.74% of the company’s total equity in the deal.

As of September 30, Totalenergies Renewables Indian Ocean held a 15.6% stake in the company.

Quant Mutual Fund, Authum Investment & Infrastructure, Amity Holdings and BNP Paribas Financial Markets were among the buyers in the deal.

Shares of Adani Green Energy fell 1.1% to close at ₹987.50.

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