(20 second reading) The latest shareholding pattern of Adani Energy Solutions Ltd (erstwhile Adani Transmission) suggests one of the schemes of Rajiv Jain’s GQG Partners, which was the first investor in the Adani group firms in the aftermath of the Hindenburg report, bought a stake in the Adani group firm in the quarter gone by.

GQG Partners Emerging Markets Equity Fund owned 2,03,24,405 shares or 1.82 per cent stake in the company as on March 31. It was not an investor in Adani Energy Solutions at the end of the December quarter. Analysts noted that Adani Energy Solutions has set a goal to establish 30,000 ckm of transmission lines by 2030,