Mumbai: Dubai-based Shajaeatan Investment FZCO led the buying in AWL Agri Business (formerly Adani Wilmar) on Friday, acquiring 8.52% for ₹3,050 crore. Other buyers included Quant Mutual Fund, IDFC MF, Bandhan MF, Jupiter Fund Management, Morgan Stanley Asia Singapore, Susquehanna International, Franklin Templeton, Vanguard, and Singapore’s Duro Capital.
Adani Commodities LLP, a subsidiary of Adani Enterprises, sold approximately 10% stake – 13.54 crore shares – for ₹3,732 crore via block deals at ₹275.5 apiece, marking its complete exit from the FMCG firm.
The divestment is part of Adani’s shift toward infrastructure. AWL posted a FY25 net profit of ₹1,225.81 crore on revenue of ₹63,910 crore.
