Mumbai/IBNS, Nov. 21 -- In a bold move, Adani Group has sold its remaining 7% stake in AWL Agri Business, formerly Adani Wilmer, media reports said.

The floor price for the trade was fixed at Rs. 275.50 per share, Business Today reported.

Adani Group had sold 13 percent stake in AWL earlier this week.

With this move, the Adani Group has now withdrawn from the FMCG sector to concentrate the funds into its core business of infrastructure.

After the exit of Adani Group, Singapore-based Wilmar International held 57 percent in AWL to become the sole promoter.

Adani Group's move has impacted the share prices of AWL Agri Business which saw a sell off in the stock market.

AWL's share prices fell 3.7% on BSE Sensex to crash to an intraday lo...