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GQG is reportedly looking to partially sell its stake in ITC and GMR Airports via block deals, according to NDTV Profit sources
- GQG stake in ITC
- 3.12 percent
- GQG stake in GMR Airports
- 3.66 percent
Heard on business television between 11:15:00 - 11:18:00 IST.
- Sources said a block deal could happen in both ITC and GMR Airports counters.
- FII GQG is looking to partially sell its stake in both companies.
- Three bankers have been appointed to gauge demand for the block deals.
- Block deals could happen anytime once demand is met by the bankers.
- NDTV Profit has written to GQG for comment; as of June 30 shareholding pattern, GQG held nearly 3.12% in ITC and 3.66% in GMR Airports.
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Source: Live TV News Channel · 7 Oct 2026
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