Adani group sells 20% stake in FMCG business for Rs 7,150 crore

Following the transaction, Wilmar International will become the majority shareholder in AWL Agri Business with a 64% holding

17 July, 20252 min
0
Adani group sells 20% stake in FMCG business for Rs 7,150 crore

You may also like

Business
Story image

HUL’s rural moat is fast shrinking

The panacea for the FMCG giant’s tepid growth lies in small-town and rural India. But that’s also shaping up as the new battleground for competitors looking to challenge its dominance.

Tech
Story image

India’s semiconductor ambitions put cart before horse

Adani and Zoho pausing their plans is a sign that a lot needs to be done before semiconductor fabrication is a viable business.

Business
Story image

India’s mad rush for protein products needs a reset

Startups and legacy FMCG players are increasingly launching packaged food rich in protein, but rampant misselling is spoiling the party.