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GQG Partners Offloads Rs 28000 Crore in Indian Equities Over 12 Months
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CNBC TV18•08-10-2026, 14:28
GQG Partners Offloads Rs 28000 Crore in Indian Equities Over 12 Months
- •GQG Partners has emerged as a net seller of Indian equities, offloading shares worth nearly ₹28,000 crore over the past 12 months.
- •The selling spree includes significant stake reductions in Adani Group companies, with over ₹12,000 crore sold during the June quarter alone across firms like Adani Enterprises, Adani Green Energy, and Adani Power.
- •GQG was also a seller in non-Adani stocks, offloading stakes in GMR Airports, ITC, Patanjali Foods, and JSW Energy over the past year.
- •A recent block deal in ITC valued at around ₹9,500 crore is likely to add another ₹10,000 crore to GQG's total selling tally.
Key Questions Answered
GQG Partners offloaded nearly ₹28,000 crore worth of Indian equities over the last 12 months across Adani Group and other companies like ITC and GMR Airports, with an additional block deal in ITC potentially adding ₹10,000 crore to that tally.
GQG Partners held close to a 3% stake in ITC at the end of the June quarter, and the shares changing hands in the block deal amounted to 2.93% of the company's outstanding equity.
During the June quarter, GQG Partners sold shares worth over ₹12,000 crore across Adani Group companies, including Adani Enterprises, Adani Green Energy, and Adani Power.
