GQG Partners Sells Nearly 1% Stake in JSW Energy Worth ₹677 Crore
GQG Partners Emerging Markets Equity Fund—managed by US-based boutique asset manager GQG Partners, co-founded by Rajiv Jain—has sold nearly 1% of its stake in JSW Energy through open market deals on December 9. The fund offloaded 1.52 crore equity shares, representing 0.87% of JSW Energy’s paid-up equity, for approximately ₹676.7 crore at an average price of ₹444 per share. Following the sale, JSW Energy shares dropped…