Adani Group to Earn ₹10,874 Crore Following 20% Sale of AWL Agri Stake

Adani Group has sold a 20% stake in AWL Agri Business Limited to Singapore-based Wilmar International. The deal was executed at ₹275 per share, amounting to ₹7,150 crore. The transaction was disclosed in a stock exchange filing on Thursday.

Change in Shareholding Structure

After this sale, Wilmar International will hold a 64% stake in AWL Agri, becoming the majority shareholder. This marks a shift in control, with Adani’s stake coming down from 44% to around 24%. The deal is subject to regulatory clearances, including antitrust approvals.

In January this year, Adani had sold a 13.5% stake in AWL through an Offer for Sale. The shares were priced at ₹276.51 each. Post that transaction, Adani Commodities LLP's holding stood at around 30.42%.

Exit from FMCG Business

The latest sale is part of Adani Group’s plan to exit the FMCG space. In December 2024, the group announced it would sell its entire 44% stake in AWL to focus on its core infrastructure businesses. Adani and Wilmar had entered into a mutual agreement then, which allowed share sales at a cap of ₹305 per share.

The transaction involves Adani Commodities LLP transferring up to 25.99 crore shares to Lence Pte Ltd, a Wilmar subsidiary. The deal was signed under a pre-existing agreement from December 2024. Collectively, the 2 entities earlier held 88% of AWL.

Read More: Adani Group Enters Healthcare with ₹60,000 Crore Investment and Mayo Clinic Partnership!

Adani Enterprises Share Price Performance 

As of 10:31 AM on July 18, 2025, Adani Enterprises share price was trading at ₹2,587.10, down by ₹29.50 or 1.13% for the day.

Conclusion

With the completion of this stake sale, Adani Enterprises is expected to earn a total of ₹10,874 crore from its exit in AWL Agri. The development finalises Wilmar’s majority control in the company while aligning with Adani’s revised business focus.

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