Adani Wilmar

Data from NSE showed that Adani Commodities, a subsidiary of Adani Enterprises, sold 39.5 million shares in AWL Agri for ₹275.09 apiece

Adani Group has sold its remaining 7 per cent stake in Adani Wilmar Ltd in a block deal that attracted strong institutional demand. Domestic mutual fund houses, including Vanguard, Charles Schwab, ICICI Prudential MF, SBI Mutual Fund, Tata MF, Quant MF, and Bandhan MF, bought the stake, according to people familiar with the transaction. Several international investors from Singapore, the UAE, and other Asian markets also bought into the clean-out block. Market sources add that Wilmar's long-term institutional partners such as GIC are expected to increase their exposure to AWL as the promoter structure stabilises. Earlier this week, the Adani Group had sold 13 per cent stake in AWL to bring its exposure down to 7 per cent. AWL Agri Business Ltd (formerly Adani Wilmar Ltd) has completed a major shareholder reshaping after Adani Enterprises fully exited its 44 per cent stake, including the final 7 per cent clean-out block placed on November 20 at Rs 275 per share. The total realisat

AWL Agri Business shares fell 4% and reports indicated that Adani Group has sold its remaining 7 per cent stake

At 1:15 PM, AWL Agri Business shares were trading 1.66 per cent higher at ₹257.05 per share. In comparison, BSE Sensex was trading 0.22 per cent higher at 81,536.65 levels.

In the notice filed with CCI, Lence Pte has proposed to acquire a maximum of 20 per cent and a minimum of 11 per cent of the paid-up equity share capital of AWL Agri Business

Adani Group on Friday exited AWL Agri Business (formerly known as Adani Wilmar) by selling its remaining 10.42 per cent stake in the company for Rs 3,732 crore through open market transactions, according to the BSE data. Adani Commodities LLP (ACL), a subsidiary of Adani Enterprises, offloaded a total of 13,54,82,400 equity shares in 11 tranches on Friday, amounting to a 10.42 per cent stake in AWL Agri Business, as per the block deal data on the BSE. The transaction was valued at around Rs 3,732.54 crore and executed at an average price of Rs 275.50 apiece. Meanwhile, Dubai-based Shajaeatan Investment FZCO purchased a little over 11.07 crore equity shares or 8.52 per cent in AWL Agri Business for Rs 3,049.99 crore. Quant Mutual Fund (MF), IDFC MF, Bandhan MF, Jupiter Fund Management, Morgan Stanley Asia Singapore, US-based Susquehanna International Group, Franklin Templeton, Vanguard, and Singapore-based Duro Capital were among the buyers of AWL Agri Business shares on the ...

Adani Enterprises will exit its joint venture with Wilmar by selling its entire 30.42% stake in AWL Agri Business for ₹10,874 crore, with Wilmar's unit Lence set to increase its stake to 63.94%

The MIAL bond issuance is likely to close in the next few weeks and has drawn interest from several US-based financial institutions led by Apollo

Adani flagship to raise ₹15,000 crore via share sale; FY25 income crosses ₹1-trillion mark

Q4 FY25 company results today: Aditya Birla Sun Life AMC, Adani Total Gas, AWL, Castrol, and IIFL Securities will be among 49 firms to post earnings reports for the January-March quarter on April 28

The edible oil major saw its revenue rise 36 per cent in Q4 compared to last year

On Friday, Fitch Ratings affirmed Adani Energy Solutions Limited's (AESL) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BBB-'

Abu Dhabi-based IHC Capital Holding on Wednesday sold more than 84 lakh shares of Adani Enterprises for Rs 1,832 crore through open market transactions. Diversified group IHC Capital Holding through its subsidiaries -- Green Vitality RSC and Green Energy Investment Holding RSC -- offloaded 84.48 lakh shares or 0.73 per cent stake in Adani Enterprises, as per the block deal data on the BSE. The shares were disposed of at an average price of Rs 2,168.1 apiece, taking the combined transaction value to Rs 1,831.82 crore. Meanwhile, Envestcom Holding RSC Ltd sold the same amount of shares in two tranches at the same price. On Wednesday, shares of Adani Enterprises rose 4.57 per cent to close at Rs 2,244.85 apiece on the BSE. Meanwhile, shares of 10 other Adani group stocks also closed higher, with Adani Green Energy surging more than 10 per cent in tandem with a rally in the equity market. On Tuesday, FMCG firm Adani Wilmar announced the acquisition of GD Foods Manufacturing, which se

The acquisition will be executed in multiple tranches, with 80 per cent of the shares to be acquired in the first tranche, and the remaining 20 per cent to be acquired over the next three years

Biocon: The company's subsidiary, Biocon Pharma, has received USFDA approvals for Lenalidomide capsules and Dasatinib tablets, and tentative approval for Rivaroxaban tablets

The edible oil major also said the 'Tops' brand is among the top three players in the tomato ketchup and pickles category

FMCG firm Adani Wilmar Ltd on Tuesday announced the acquisition of GD Foods Manufacturing, which sells food products under the Tops brand. Adani Wilmar sells edible oils and other food products under the Fortune brand. In a regulatory filing, the company informed that it has signed a definitive agreement to acquire G D Foods Manufacturing (India) Private Limited. The acquisition will be executed in multiple tranches, with 80 per cent of the shares to be acquired in the first tranche and the remaining 20 per cent over the next three years. In FY24, GD Foods achieved a revenue of Rs 386 crore, growing at a three-year CAGR of 15 per cent, and recorded an EBITDA of Rs 32 crore. Adani Wilmar said this acquisition offers a strategic advantage by expanding its portfolio with a broad range of value-added food products. Founded in 1984, GD Foods' owned brand "Tops" has built a strong reputation as a household brand in North India over the last 40 years, offering high-quality products in .

The rebranding aims to align the company's identity with its core business activities and future growth prospects in the agri-business industry

Top executives in sectors such as consumer goods and automobiles expect India's plans to cut personal income tax rates

We are considering a couple of options for the name change. And of course, when Adani exists, they would certainly not like to have Adani name being associated with the company, Shrikant Kanhere said