Envestcom sells 1.8% in Adani Energy Solutions

Mumbai: Envestcom Holding RSC on Wednesday sold a total of 22 million shares, or 1.83% in Adani Energy Solutions through bulk deals on the NSE and BSE. These shares were sold at ₹790 a share, taking the combined deal value to ₹1,736.73 crore. Envestcom held a 2.68% stake in the company at the end of June, data from the latest shareholding pattern showed.

After the stake sale, their shareholding in AESL has come down to 0.85%. On Wednesday, shares of Adani Energy Solutions ended at ₹790.65 on the BSE, down 1.5% from the previous close.