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Adani Wilmar subscribes additional stake in AWL Edible Oils and Foods

01 Apr 2022 Evaluate

Adani Wilmar has subscribed to additional 90,000 fully paid-up equity shares of the face value of Rs 10 each at par amounting to Rs 9 lakh, by way of subscription towards the rights issue of AWL Edible Oils and Foods, a wholly owned subsidiary of the Company, ranking pari passu with its existing equity shares.

Adani Wilmar is one of the few large FMCG food companies in India to offer most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses and sugar. Its products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups.

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