Overview

• Adani Commodities sold its remaining 10.42% stake in AWL Agri Business to pre-identified investors for Rs 3,732 crore on July 18, finalizing its exit.
• On July 17, Adani signed agreements to offload 20% of AWL to Wilmar’s Lence Pte Ltd at Rs 275 per share, raising Rs 7,149 crore.
• Combined with the January offer-for-sale that generated Rs 4,855 crore, the staged divestment has yielded total proceeds of Rs 15,729 crore.
• The transactions include termination of mutual call and put options capped at Rs 305 per share under the December 2024 agreement.
• Wilmar International emerges as majority shareholder with a 64% stake, marking its full takeover of the FMCG joint venture.