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Adani Wilmar will transition to a new name and increase its investment in food and FMCG after the exit of the Adani group from the joint venture at the end of the current financial year (FY25).
Adani Commodities LLP, a subsidiary of Adani Enterprises Ltd, completed the offer for sale (OFS) for 13.5 per cent stake in Adani Wilmar to non-retail investors on Friday, according to information ...
SINGAPORE – Indian billionaire Gautam Adani’s Adani Group will sell a 20 per cent stake in Adani Wilmar for 71.48 billion rupees (S$1.1 billion) as it exits non-core activities to focus on the ...
The Adani Group will raise ₹7,148 crore from sale of up to 20% stake in FMCG firm Adani Wilmar in the open market as part of its strategy to exit non-core activities to focus on infrastructure ...
Shares of Adani Wilmar fell 9.5% in early trade on January 10, hitting ₹292.65 per share. The decline followed Thursday evening's announcement that its promoter proposes to divest up to 20% ...
Adani to sell 13.5% in Adani Wilmar, with option to sell 6.5% more stake Sale to begin on Jan. 10, end on Jan 13 Floor price set at 275 rupees, 15% discount to last close Adani looking to exit ...
Adani Enterprises Ltd-- which held 43.94 per cent stake in Fortune brand cooking oil, wheat flour and other food product maker Adani Wilmar Ltd -- sold 31.06 per cent stake to Wilmar International.
in total from the sale of a 13% stake in Adani Wilmar on the Indian stock exchanges and the sale of a further 31% stake to its joint venture partner Wilmar International. In a stock exchange ...
Adani Wilmar’s popular brands include Fortune and Kohinoor. Credit: PradeepGaurs/Shutterstock. Wilmar International is to acquire a chunk of the shares held in ...
Adani group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and in the open market for over USD 2 billion in a first major ...
The Adani Group announced on Monday that it will exit its FMCG joint venture, Adani Wilmar, by selling its entire stake. The divestment will involve selling shares to its Singapore-based partner ...