Lance Pte to Buy 20% of AWL Agri Business from Adani Commodities

AWL Agri Business Limited, earlier known as Adani Wilmar, is entering a new ownership chapter as promoter entity Lence Pte Ltd prepares to take over a larger controlling stake.

Key Development

As per the news reports, Lence Pte will purchase the remaining 20% shareholding in AWL Agri Business, pushing its ownership to nearly 64% from the existing 44%. Once the share transfer of 259,935,721 equity shares is completed, Adani Commodities, a current shareholder, will exit entirely.

The development also coincides with Adani Enterprises, the flagship company of the group, booking an exceptional gain of ₹35.83 billion from the stake sale and simultaneously preparing for a ₹25,000 crore rights issue to fund expansion plans across its infrastructure ventures.

Financial Performance & Outlook

AWL Agri Business continues to show solid operating momentum. For Q2 FY26 (last twelve months), the company posted its highest-ever quarterly revenue of ₹17,605 crore, climbing 22% year-on-year. 

EBITDA for the same period stood at ₹2,328 crore, an 11% increase over the past year, supported by steady demand in edible oils and the Industry Essential division, which helped drive volume growth of 2%. Profit After Tax came in at ₹245 crore, reflecting a 21% decline owing to an exceptionally strong base in the previous year.

Read More: Adani Enterprises Incorporates a Wholly Owned Subsidiary Brahmani Barrage Water Limited!

AWL Agri Business Share Price Performance 

As of November 06, 2025, at AM, AWL Agri Business share price is trading at ₹272.10 per share, reflecting a decline of 1.89% from the previous closing price. Over the past month, the stock has gained by 2.27%.

Conclusion

The stake acquisition by Lence Pte marks a turning point for AWL Agri Business, shifting majority control to the promoter group as Adani Commodities steps away. With rising revenue and a clearer ownership structure, the company appears prepared for its next growth phase.

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