Adani Group, Wilmar International

Adani Wilmar to become subsidiary of Wilmar International after share sale
Adani Group, a port-to-power conglomerate that holds a nearly 44 per cent stake in Adani Wilmar, will sell up to 13.5 per cent to the public in a sale offer beginning on Jan 10, with an option to sell an additional 6.5 per cent, making up the 20 per cent.
Adani Wilmar shares crash 9% as promoter looks to sell up to 20% stake via OFS
Adani, which holds nearly 44% stake, will sell up to 13.5% to the public in an offer for sale beginning Jan 10, with an option to sell an additional 6.5%
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 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 to Raise Rs 7,148 Crore from Adani Wilmar Stake Sale
The offer for sale (OFS) will include an option to additionally sell up to 8.44 crore shares or 6.50 per cent equity.
Adani Wilmar shares in news today, here's why
Shares of Adani Wilmar Ltd are in news today as Adani Commodities, one of the promoter entities of Adani Wilmar will commence its offer for sale (OFS) to offload up to 20% stake. The OFS will be carried out from January 10 to January 13. Floor price for offer for sale is Rs 275 per share, a company filing said on January 9.
Adani Group to sell 20% stake in Adani Wilmar via OFS, floor price set at ₹275
The OFS price has been set at ₹ 275 per share, representing a 15% discount compared to Adani Wilmar 's closing price on Thursday. The sale will commence for non-retail investors on Friday, January 10, and for retail investors on Monday, January 13.
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.
Adani Wilmar OFS: Share price tanks 10% as promoter plans to sell 20% stake
Adani Wilmar shares fell over 9% on Friday, January 10, as the two-day offer-for-sale (OFS) by promoter Adani Commodities LLP kicks off. Read on to find out why the stock declined.
Adani Wilmar shares slide 9% as promoter looks to divest 20% stake via OFS
Adani Wilmar shares dropped 9% to ₹293.55 after promoter Adani Commodities announced plans to divest up to 20% stake via an Offer For Sale. The sale price is set at ₹275 per share, with non-retail investors eligible from January 10.
Adani raises offer-for-sale size to 20% in Wilmar JV
MUMBAI: Adani Group has decided to increase the size of its offer for sale (OFS) to offload part of its stake in Adani Wilmar to 20 per cent from 13 per cent announced earlier, due to strong demand from institutional investors.
Adani Wilmar Stock Tanks 10%: What Triggered The Downfall
Markets regulator Sebi rules mandate that large firms must have at least 25 per cent of shares available to the public within ...
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Aletheia Capital upgrades Wilmar to 'buy' from 'sell' on higher margins and Adani JV acquisition
Nirgunan Tiruchelvam of Altheia Capital has turned bullish on Wilmar International following news that it will be taking ...
Adani Wilmar OFS: Stock in focus as floor price set at Rs 275; key details
The floor price for the offer for sale is set at Rs 275. This is at 15.11 per cent discount to Adani Wilmar's Thursday ...
Wilmar’s Strategic Acquisition of Adani Wilmar: Growth Prospects and Shareholder Value Amidst Neutral Short-term Impact
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After Gautam Adani exits Adani Wilmar, company reveals its future business strategy, plans to expand…
Following the exit of the Adani Group, Wilmar may further capitalise on this approach by introducing more global FMCG brands ...
Adani Wilmar shares in focus after Q3 update: Revenue jumps 33% YoY aided by volume growth
According to Trendlyne, 2 out of 5 analysts have a 'buy' or 'strong buy' recommendation for Adani Wilmar shares, while 2 ...
Post-Adani Group exit, Wilmar to emulate ITC; leverage cash-cow oil business to expand FMCG portfolio
On December 30, billionaire Gautam Adani's group announced its exit from Adani Wilmar, selling its entire stake ...
Gautam Adani to receive a cheque of Rs 171398500000; where will he spend this huge money? Company has planned to invest in….
The Group has also announced forays in refinery, petrochemicals and in chemical business. The company has already made a ...