Out of the 4.9 crore ACC shares that the Adani Group offered to buy, 25.31 lakh shares were tendered as on September 8 – a day before the open offer ended. This amounts to 5.17% of the shares that it is prepared to buy. For Ambuja Cement, 5.66 lakh shares, or 0.11% of the company’s shares, were tendered as on Thursday.
“Buying and selling is probably happening in the same sectors. We are not selling real estate stocks and going into chemicals or going into the