In a decisive move to consolidate its portfolio, the diversified Adani Group has executed a block deal to divest its remaining holdings in AWL Agri Business (formerly Adani Wilmar).

The transaction marks a complete exit for the conglomerate from the edible oil major. Adani Commodities LLP—a subsidiary of Adani Enterprises—executed the clean-up trade to sell off the remaining 7 per cent stake on Friday. Advertisement

The floor price for the trade was fixed at Rs 275.50 per share, with investment banking major Jefferies managing the block trade. This final divestment serves as the concluding step in a broader strategic realignment for the group.

The development follows a substantial transaction executed earlier this week, where the Adani Group pared down a major chunk of its holding. In

See Full Page