Adani Enterprises (AEL) announced on Monday that it has entered into an agreement to sell its entire stake of around 44 per cent in FMCG joint venture Adani Wilmar (AWL). The stake sale, which will be executed in two tranches, is expected to generate approximately $2.2 billion, or ₹18,817 crore, for the Adani group upon completion.
Shares of Adani Wilmar, which makes Fortune brand cooking oil, wheat flour, pulses, rice and sugar, on the BSE closed at ₹329.5 each, down 0.17 per cent. Established in 1999, Adani Wilmar owns 24 factories in 15 Indian cities.
Currently, the Adani group and Singapore's agribusiness giant Wilmar International each hold a 43.94 per cent stake, or 571.02 million shares, in AWL, according to the BSE.
Bu hikaye Business Standard dergisinin December 31, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin December 31, 2024 sayısından alınmıştır.
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