According to Adani Ports and Special Economic Zone Ltd's shareholding patterns for the January to March 2023 quarter, mutual funds held 6,67,29,749 Adani Ports shares or 3.09 percent of the company's total paid-up capital. Mutual funds owned 9,56,91,283 shares in Adani Ports during the third quarter of 2022, representing a 4.43 percent stake in this key Adani group company. This indicates that mutual funds sold 2,89, 61,534 shares of Adani Ports, or 1.34 percent of the company, in the most recent quarter ending March 2023.
Whereas, LIC owns 19,70,26,194 shares of Adani Ports or 9.12% of this key Adani enterprise. But, as of Q3FY23, LIC owned 19,75,26, 194 shares of Adani Ports, constituting a 99.14% ownership in this leading Adani group entity. This indicates that LIC reduced its Adani Ports holding by 0.02 percent by selling 5 lakh company shares during the quarter from January to March 2023.
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