AWL is a 50:50 joint venture company between Ahmedabad-based Adani group and Singapore's Wilmar group.
Now, the IPO will comprise a fresh issue of equity shares worth ₹3,600 crore. There will not be any secondary offering.
According to the draft red herring prospectus, it was aiming to raise ₹4,500 crore from the market by issuing fresh shares.
This story is from the January 15, 2022 edition of Business Standard.
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This story is from the January 15, 2022 edition of Business Standard.
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