Adani Gas gets Total on board in ₹5,700-crore deal for a 37.4% stake1 min read . Updated: 14 Oct 2019, 11:36 PM IST
- Eventually, Adani and Total will hold a 37.4% stake each and public shareholders will hold the remaining 25.2%
- On Monday, shares of Adani Gas surged 9.26% to ₹150.40 on BSE
Mumbai: Total SA has agreed to acquire a 37.4% stake in city gas distributor Adani Gas Ltd for around ₹5,700 crore, in the French energy major’s biggest bet on India’s clean energy push.
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