Adani Enterprises has sold 13% stake in AWL Agri Business to Lence Pte, a subsidiary of Wilmar International for a consideration of around Rs 4646.35 crore by an off-market transfer. The stake sale is part the company’s strategy to exit the FMCG business and refocus on its core infrastructure portfolio. The company through its wholly owned subsidiary -- Adani Commodities LLP (ACL) has sold around 16.90 crore equity shares representing 13% of the issued and paid-up equity share capital of AWL Agri Business. Further, the company through ACL has executed a termination agreement with Lence Pte for termination of the Shareholders’ Agreement dated April 12, 1999.
Earlier in July 2025, the company had entered into a share purchase agreement with Lence Pte to sell up to a maximum of 20% and minimum of 11% stake in AWL Agri Business at a price of Rs 275 per share.
Adani Enterprises (AEL), the flagship company of the Adani Group, is one of India’s largest business organisations. The company has enhanced value for stakeholders by building prominent infrastructure assets and widening its presence across a range of sectors directed towards responsible nation-building.
| Company Name | CMP |
|---|---|
| Redington | 234.90 |
| Adani Enterprises | 2218.35 |
| Amrapali Industries | 17.53 |
| Rashi Peripheral | 455.25 |
| PDS | 301.45 |
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