MSCI to lower free float of two Adani companies

MSCI now sees the Adani Total Gas' free float at 14% and Adani Transmission at 10%, from 25%. Free float is defined as the proportion of outstanding shares considered available for purchase in public equity markets by international investors.

May 6, 2023 - 11:30
MSCI to lower free float of two Adani companies
MSCI now sees the Adani Total Gas' free float at 14% and Adani Transmission at 10%, from 25%. Free float is defined as the proportion of outstanding shares considered available for purchase in public equity markets by international investors.