Abu Dhabi-based IHC Capital Holding divested ₹1,832 crore worth of Adani Enterprises shares, selling 84.48 lakh shares (0.73% stake) via open market transactions, as per news reports.
In a notable market move, Abu Dhabi-based IHC Capital Holding divested over 84 lakh shares of Adani Enterprises, amounting to ₹1,832 crore, through open market transactions on Wednesday.
The sale was executed through its subsidiaries—Green Vitality RSC and Green Energy Investment Holding RSC, as per block deal data on the Bombay Stock Exchange (BSE).
IHC Capital offloaded 84.48 lakh shares, representing a 0.73% stake in Adani Enterprises, at an average price of ₹2,168.1 per share. The total transaction value stood at ₹1,831.82 crore.
Additionally, Envestcom Holding RSC Ltd executed a similar sale, offloading the same volume of shares in two tranches at the same price.
Despite the stake sale, Adani Enterprises’ stock surged 4.57% on Wednesday, closing at ₹2,244.85 per share on the BSE.
Adani Enterprises Limited traded at ₹2,244.55 at 11:30 AM as of March 6, 2025, reflecting a marginal decline of 0.06% (-₹1.30) from its previous close of ₹2,245.85. The stock opened at ₹2,260, reaching an intraday high of ₹2,261.95 before dipping to a low of ₹2,226.15.
The strategic exit of IHC Capital from a partial holding in Adani Enterprises highlights dynamic shifts in institutional investments.
While the impact of this sale on the broader market remains to be seen, Adani Enterprises continues to attract strong investor interest.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 6, 2025, 11:32 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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