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Adani Sells 20% Stake in Wilmar JV for ₹7,150 Cr; to Exit FMCG Biz Soon
The New Indian Express Vijayawada
|July 18, 2025
THE Adani Group has fully exited AWL Agri Business, formerly Adani Wilmar, by selling an additional 20% stake to its Singapore-based joint venture partner Wilmar International for ₹7,150 crore, or at ₹275 per share.
The latest deal follows a 13.5% stake sale in January this year at the same price and hands Wilmar majority control with a 65% holding in the company.
The remaining 10.42% stake held by Adani Commodities, a subsidiary of Adani Enterprises, will be sold to a group of pre-identified investors arranged by Wilmar, Adani Enterprises had said in a statement Thursday.
Dit verhaal komt uit de July 18, 2025-editie van The New Indian Express Vijayawada.
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