Adani Exits AWL Agri for ₹15,729 Cr

  Published 1 year ago

Adani Group exits AWL Agri, selling entire 30.42% stake for ₹15,729 crore, marking full departure from FMCG business.

  • Sells 20% stake to Wilmar’s Lence Pte; remaining 10.42% to pre-identified investors in ₹7,150 crore deal.
  • AWL shares jump nearly 6% post-announcement; Adani previously raised ₹4,850 crore via earlier stake sale.
  • AWL Q1 profit drops 24.5% YoY to ₹236 crore despite 20.5% revenue growth driven by edible oil sales.

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