Mumbai, July 17 -- Adani Enterprises issued an official statement here on Thursday that the Adani Group has fully exited AWL Agri Business (formerly Adani Wilmar Ltd) by selling its entire
20 per cent stake in AWL to Singapore-based Wilmar International for Rs 7,150 crore, at a price
of Rs 275 per share.
The remaining 10.42% stake held by Adani Commodities LLP, which is a subsidiary of Adani Enterprises Ltd, will also be sold to a group of pre-identified investors arranged by Wilmar International, the statement mentioned.
The deal follows a 13.5% stake sale in January 2025 at the same price, and gives Wilmar the majority control with a 65% holding in the company.
In December 2024, Adani Enterprises Ltd and Wilmar International's subsid...