Adani Group to Raise $833 Million as It Exits JV With Wilmar
The Adani Group will raise 71.48 billion rupees ($833 million) by selling up to 20% stake in Mumbai-listed Adani Wilmar Ltd. as it exits non-core activities to focus on the bread-and-butter infrastructure businesses.
Adani Commodities To Exit 20% Stake In Adani Wilmar Via Offer For Sale
Days after announcing its exit from Adani Wilmar, Adani Commodities is all set to sell a 20 per cent stake in the company via an offer for sale (OFS) route. In an exchange filing, Adani Commodities LLP,
Adani Commodities to offload 20% stake in Adani Wilmar through OFS
Adani Commodities LLP, a promoter of Adani Wilmar Ltd (AWL), is set to offload up to 20 per cent stake in the company through an Offer for Sale (OFS), opening on January 10, the company said in an exchange filing on Thursday.
Adani Commodities to sell up to 20% stake in Adani Wilmar via OFS
On December 30, the Adani group announced its exit from Adani Wilmar in two stages. In the first phase Adani Commodities would sell such stake so as to comply with the minimum public shareholding norm and in the second phase Adani Enterprises would sell the 31 per cent stake held by it to its joint venture partner Wilmar International.
Adani to raise Rs 7,148 cr from Adani Wilmar stake sale
The Adani Group will raise Rs 7,148 crore from sale of up to 20 per cent stake in FMCG firm Adani Wilmar in the open market as part of its strategy to exit non-core activities to focus on infrastructu
Adani Wilmar's OFS for 20% stake opens January 10, floor price Rs 275 per share
The OFS will have a base offer of 13.5% equity and a green shoe option for another 6.5% stake, a company filing said on January 9.
India's Adani to sell up to 20% stake in Wilmar joint venture
India's Adani Group said on Thursday it plans to sell a stake of up to 20% in Adani Wilmar to the public, as the conglomerate looks to comply with minimum public shareholding rules amid plans to exit the consumer goods company.
Adani Group to sell 20% stake in Adani Wilmar via OFS, floor price set at ₹275
FMCG player Adani Wilmar is expected to draw attention on Friday, January 10, following the Thursday evening announcement that its founder plans to divest a stake in the company via an Offer For Sale (OFS).
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US Ambassador Garcetti declines to comment on Adani case, highlights independent US legal system
US Ambassador Eric Garcetti declines to comment on Adani legal case, emphasises continued India-US collaboration.
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Adani Total Gas gets a 20% hike in APM gas allocation, effective January 16
The increase in allocation is expected to have a positive impact on the company. Shares of Adani Total Gas Ltd ended at ...
Mahakumbh Mela 2025: Gautam Adani to offer meals to devotees for 45 days, joins hands with...
The Mahaprasad will be distributed at 40 places in the Maha Kumbh area and 2,500 volunteers will be involved in this ...
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Adani Group, ISKCON to start ‘Mahaprasad Seva’ in Maha Kumbh
The Adani Group and the International Society for Krishna Consciousness (ISKCON) have joined hands to serve meals to devotees ...
Adani group, Iskcon join hands for mahaprasad seva at Prayagraj Maha Kumbh
The Adani Group and the International Society for Krishna Consciousness (ISKCON) have joined hands to serve meals to devotees ...
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Adani Group And ISKCON Collaborate For ‘Mahaprasad Seva’ At Maha Kumbh 2025
The Adani Group, in collaboration with the International Society for Krishna Consciousness (ISKCON), will provide free meals ...
Mukesh Ambani vs Gautam Adani as India's second richest person plans new project worth Rs...., it will rival Ambani's...
After this decision, Adani Group will come in direct competition with Reliance Industries' Jio World Convention Centre, is ...
US Envoy to India on Adani-indictment: 'We have an independent criminal justice system'
US Ambassador to India, Eric Garcetti, emphasizes the strong US-India industrial partnerships and the potential for ...