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ADANIENT
, via its subsidiary Adani Commodities LLP, has fully exited AWL Agri Business by divesting its entire 30.42% stake, in a multi‐leg transaction totaling approximately ₹10,874 crore. This includes selling 20% of AWL to Wilmar International’s unit Lence Pte Ltd at ₹275 per share, for about ₹7,150 crore, and offloading the remaining 10.42% through a block deal for around ₹3,732 crore at an average of ₹275.50 per share.
As a result, Wilmar will now control nearly 64% of AWL, marking a clean transfer of ownership. This move aligns with Adani’s broader strategy to shift its focus away from the consumer-agri segment and double‐down on its core infrastructure businesses.
Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.#WatchOutFor#StockInNews#FundamentalViews#EquityResearch#Miscellaneous
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