4 Adani Group equities’ free-float designations are removed by index provider MSCI.
The free floats of Adani Enterprises, Adani Total Gas, Adani Transmission, and the Associated Cement Companies were lowered, according to MSCI, the article stated.
According to MSCI, Adani Enterprises, Adani Total Gas, Adani Transmission, and ACC now have lower free floats.
According to Reuters, as of January 30, the four companies whose free float categorization changed were together weighted 0.4% in the MSCI emerging markets index.