Ahmedabad, July 17 -- Adani has executed the sale of a 20 per cent stake in AWL Agri Business Limited to Wilmar International, Singapore, with the deal size valued at Rs 7,150 crore, according to a stock exchange filing by Adani Enterprises.
The stake sale was executed at Rs 275 per share.
In December 2024, Adani Commodities LLP (ACL), subsidiary of Adani Enterprises Ltd and Lence Pte. Ltd., subsidiary of Wilmar International, Singapore entered into an agreement. They gave each other the option to buy or sell AEL/ACL's shares in AWL (Adani Wilmar Limited) later, at a price they both agree on, but not more than Rs 305 per share. The two together held 88 per cent in the company (44 per cent each).
In January 2025, AEL/ACL sold 13.5 per c...
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