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Abu Dhabi funds, Hinduja group could invest in Adani firms' share sale

Shares worth up to Rs 29,000 crore of three group companies could be put up for sale

Adani
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Photo: Bloomberg

Dev Chatterjee Mumbai

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With the Adani group shares making a sharp recovery after the Supreme Court panel report, several high-profile investors, including Abu Dhabi Investment Authority (ADIA), International Holding Company (IHC), GQG Partners, and the Hinduja group have shown interest to invest in the forthcoming share sale of group companies, investment banking sources said.

The Adani group is slated to go for the share sale of up to Rs 29,000 crore.

ADIA was the anchor investor in the flagship Adani Enterprises’ (AELs) share sale of up to Rs 20,000 crore in January this year.  However, the share sale was scrapped after US-based short seller Hindenburg

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First Published: May 24 2023 | 3:46 PM IST

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