Overview
- Adani sold its remaining 7% stake in AWL Agri Business in block deals priced around Rs 275 per share, completing a full exit.
- The clean-out trade was executed by Adani Commodities LLP with Jefferies managing the placement and a reported floor near Rs 275–275.50.
- Adani Enterprises realised Rs 15,707 crore from the overall stake sale in the company formerly known as Adani Wilmar.
- Wilmar International now holds an estimated 57% promoter stake, following its subsidiary Lence Pte. Ltd.’s earlier purchase of 13%.
- Strong demand came from domestic mutual funds and foreign investors, while the stock fell as much as 3.7% intraday on the BSE to Rs 266.45.