Wilmar Completes Acquisition Of 13% Stake in AWL, Becomes Majority Shareholder
Published on: Nov. 19, 2025, 3:48 p.m. | Source: NDTV Profit
Wilmar International Ltd., announced the completion of its wholly-owned subsidiary Lence Pte. Ltd.'s acquisition of a 13% stake in AWL Agri Business Limited, which was formerly Adani Wilmar Ltd. The transaction involved the purchase of 168,958,219 equity shares at a price of Rs 275 per share, immediately elevating Wilmar’s effective shareholding to 56.94%, making AWL an indirect majority-owned subsidiary.
