• Home 1
  • Privacy Policy
LSD News
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
LSD News
No Result
View All Result
Home Stock

IHC Capital’s arm sells Adani Enterprises shares for Rs 1,832 crore

by
March 5, 2025
in Stock
0
IHC Capital’s arm sells Adani Enterprises shares for Rs 1,832 crore
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter



Abu Dhabi-based IHC Capital Holding on Wednesday sold more than 84 lakh shares of Adani Enterprises for Rs 1,832 crore through open market transactions. Diversified group IHC Capital Holding through its subsidiaries — Green Vitality RSC and Green Energy Investment Holding RSC — offloaded 84.48 lakh shares or 0.73 per cent stake in Adani Enterprises, as per the block deal data on the BSE.

The shares were disposed of at an average price of Rs 2,168.1 apiece, taking the combined transaction value to Rs 1,831.82 crore.

Meanwhile, Envestcom Holding RSC Ltd sold the same amount of shares in two tranches at the same price.

On Wednesday, shares of Adani Enterprises rose 4.57 per cent to close at Rs 2,244.85 apiece on the BSE.

Meanwhile, shares of 10 other Adani group stocks also closed higher, with Adani Green Energy surging more than 10 per cent in tandem with a rally in the equity market.

On Tuesday, FMCG firm Adani Wilmar announced the acquisition of GD Foods Manufacturing, which sells food products like pickles and sauces under the Tops brand. Similarly, the Competition Commission of India on Tuesday approved Ambuja Cements‘ proposal to acquire a majority stake in CK Birla group firm Orient Cement Ltd for Rs 8,100 crore. Also, the fair trade regulator has also granted clearance to Adani Infra to acquire a majority stake in PSP Projects Ltd. Adani Infra is a unit of Adani group’s flagship firm Adani Enterprises.

PSP Projects, which has industrial, institutional, residential and luxury projects like the Surat Diamond Bourse, had an order book of Rs 6,546 crore as of September 2024.

Tags: acquisitionAdaniadani enterprisesadani green energyadani wilmarambuja cementsarmBlock dealCapitalscroreEnterprisesequityIHCpsp projectssellssharesstocks
Previous Post

Deloitte is tracking office attendance to decided bonuses for some staff

Next Post

California pauses home energy rebate program amid Trump funding freeze

Next Post
California pauses home energy rebate program amid Trump funding freeze

California pauses home energy rebate program amid Trump funding freeze

Stay Connected test

  • 139 Followers
  • 205k Subscribers
  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

July 18, 2023
As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto

As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto

March 23, 2025
Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

March 23, 2025
Why startups and tech giants are racing to build a practical quantum computer

Why startups and tech giants are racing to build a practical quantum computer

March 23, 2025
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

5
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

5
Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

3
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

1
Bessent lists five finalists for Fed chair job, and Trump says decision coming before the end of the year

Bessent lists five finalists for Fed chair job, and Trump says decision coming before the end of the year

October 27, 2025
The FOMO-fueled gold bubble may now be turning into a ‘mini-bust,’ analysts say | Fortune

The FOMO-fueled gold bubble may now be turning into a ‘mini-bust,’ analysts say | Fortune

October 27, 2025
Indus Towers Q2 Results: Profit drops by 17% to Rs 1,839 crore

Indus Towers Q2 Results: Profit drops by 17% to Rs 1,839 crore

October 27, 2025
Weligama PS chairman murder: 72-hour detention orders obtained on 6 suspects

Weligama PS chairman murder: 72-hour detention orders obtained on 6 suspects

October 27, 2025

Recent News

Bessent lists five finalists for Fed chair job, and Trump says decision coming before the end of the year

Bessent lists five finalists for Fed chair job, and Trump says decision coming before the end of the year

October 27, 2025
The FOMO-fueled gold bubble may now be turning into a ‘mini-bust,’ analysts say | Fortune

The FOMO-fueled gold bubble may now be turning into a ‘mini-bust,’ analysts say | Fortune

October 27, 2025
Indus Towers Q2 Results: Profit drops by 17% to Rs 1,839 crore

Indus Towers Q2 Results: Profit drops by 17% to Rs 1,839 crore

October 27, 2025
Weligama PS chairman murder: 72-hour detention orders obtained on 6 suspects

Weligama PS chairman murder: 72-hour detention orders obtained on 6 suspects

October 27, 2025

We bring the latest news from all over the world and get all time updated you

Follow Us

Browse by Category

  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
  • Uncategorized

Recent News

Bessent lists five finalists for Fed chair job, and Trump says decision coming before the end of the year

Bessent lists five finalists for Fed chair job, and Trump says decision coming before the end of the year

October 27, 2025
The FOMO-fueled gold bubble may now be turning into a ‘mini-bust,’ analysts say | Fortune

The FOMO-fueled gold bubble may now be turning into a ‘mini-bust,’ analysts say | Fortune

October 27, 2025
No Result
View All Result
  • Home 1
  • Privacy Policy

© 2024 LSD News title="Jegtheme">Jegtheme.