Rajiv Jain and Gautam Adani
The friendship between Gautam Adani and Rajiv Jain is not deep just like that. When Adani Group companies were sinking after the Hindenburg report, it was Rajiv Jain of GQG Partners who came forward and invested in Gautam Adani’s companies to send a global message that all is not lost. What happened after that has become history. Now once again American friend Rajiv Jain has made a big investment in five companies of Gautam Adani. According to ET report, Rajiv Jain’s GQG has increased its stake in Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Green Energy, Adani Energy Solutions and Adani Power. The investment company spent a total of Rs 5,094 crore to buy shares in these companies. Let us also tell you how much Rajiv Jain has invested in which company.
Adani Enterprises
GQG Partners bought about 53.42 lakh shares of the company in three blocks through GQG Partners International Equity CIT. These shares were purchased at the rate of Rs 2,462 per share, taking the deal size to Rs 1,315.20 crore. Shares of Adani Enterprises closed at Rs 2,439 on NSE on Tuesday, which is Rs 23 or 0.93 per cent lower than Monday’s closing price. The seller was Reliance Trust Institutional Retirement Trust Series XI. As of September 30, 2025, GQG held 1.75 percent stake, which was equivalent to 2.01 crore shares.
Adani Ports
GQG Partners bought about 73.17 lakh shares of the company in two installments at the rate of Rs 1507.6 per share. The deal size was Rs 1,103.14 crore. These shares were sold by Reliance Trust. Shares of Adani Ports closed at Rs 1,491.20 on Tuesday, which is Rs 16.40 or 1.09 per cent lower than Monday’s closing price. As of September 30, 2025, GQG held 2.42 per cent stake in APSEZ, which is equivalent to more than 5.21 crore shares.
Adani Green Energy
GQG bought more than 77.39 lakh shares of this company in three installments at the rate of Rs 1,088.6 per share. The size of the deal was Rs 842.53 crore. Reliance Trust has sold these shares. The company’s shares closed at Rs 1,077.20 on NSE on Monday, down Rs 11.40 or 1.05 per cent. As of September 30, 2025, GQG held 2.46 per cent stake in the company, equivalent to more than 4.04 crore shares.
Adani Energy Solutions
GQG bought more than 53.94 lakh shares at the rate of Rs 1,021.55 per share in two installments. The size of the deal was Rs 551.08 crore. These shares have been sold by Reliance Trust. GQG held 1.86 percent stake in the company, which was equivalent to more than 2.23 crore shares.
Adani Power
GQG bought more than 83.61 lakh shares in three installments at the rate of Rs 153.28 per share. The size of the deal was Rs 1,281.57 crore. These shares were sold by Reliance Trust. As of September 30, 2025, GQG held 1.54 percent stake in the company, which was equivalent to more than 29.23 crore shares. GQG is an investment boutique that manages global and emerging markets equities for institutions, advisors and individuals around the world.