Adani Wilmar OFS: Conglomerate raises Rs 4,850 crore from 13.5% stake sale
On January 9, the group had announced sale of 17.54 crore shares (13.50 percent equity) in the company on January 10 (to non-retail investors) and on January 13 (to retail investors) at a floor or minimum price of Rs 275 apiece.
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 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 a 13.5% 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 Rs 4,850 cr from sale of 13.5% stake in Adani Wilmar
Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business.
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
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 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 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 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 Group Partners With Gita Press To Distribute 1 Crore 'Aarti Sangraha' Among Mahakumbh Devotees In Prayagraj
Ahmedabad: Adani Group has collaborated with Gorakhpur-headquartered Gita Press for free distribution of one crore copies of ...
Adani Group Partners with Gita Press to Distribute Aarti Sangrah at Maha Kumbh
Adani Group partners with Gita Press to distribute one crore copies of Aarti Sangrah at Maha Kumbh, promoting Indian culture ...
ndtvprofit2h
Adani Group To Offer One Crore Free Copies Of 'Aarti Sangrah' To Maha Kumbh Attendees
Adani Group has partnered with Gita Press for the free distribution of one crore copies of “Aarti Sangrah” to the attendees at Maha Kumbh in Prayagraj this year. ADVERTISEMENT The book, a collection ...
Adani Group, ISKCON join hands to serve 'Mahaprasad Seva' at Maha Kumbh
The Adani Group and the International Society for Krishna Consciousness (ISKCON) have joined hands to serve meals to devotees ...
NewsX1d
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 ...
Mahakumbh Mela 2025: Adani Group, ISKCON Join Hands To Offer Maha Prasad Seva
Adani Group has joined hands with the International Society for Krishna Consciousness (ISKCON) to offer maha prasad seva at the Maha Kumbh mela underway in Uttar Pradesh's Prayagraj. The maha prasad ...
Adani Group raises Rs 4,850 cr from sale of 13.5% stake in Adani Wilmar
Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as ...
Adani Wilmar stock tumbles nearly 10% in early Friday trade
New Delhi: Shares of Adani Wilmar tumbled nearly 10 per cent on Friday morning following news that the Adani Group will raise ...