Adani Group to Raise $833 Million

Adani Group to Raise $833 Million as It Exits JV With Wilmar
The Adani Group will raise 71.48 billion rupees ($833 million) by selling up to 20% stake in Mumbai-listed Adani Wilmar Ltd. as it exits non-core activities to focus on the bread-and-butter infrastructure businesses.
Adani to Raise Rs 7,148 Crore from Adani Wilmar Stake Sale
The offer for sale (OFS) will include an option to additionally sell up to 8.44 crore shares or 6.50 per cent equity.
Adani raises offer-for-sale size to 20% in Wilmar JV
Adani Group has decided to increase the size of its offer for sale (OFS) to offload part of its stake in Adani Wilmar to 20 per cent from 13 p.
Adani Wilmar shares slide 9% as promoter looks to divest 20% stake via OFS
Adani Wilmar shares dropped 9% to ₹293.55 after promoter Adani Commodities announced plans to divest up to 20% stake via an Offer For Sale. The sale price is set at ₹275 per share, with non-retail investors eligible from January 10.
Adani Group to raise ₹7,148 crore from Adani Wilmar stake sale
Adani Group to raise ₹7,148 crore by selling stake in Adani Wilmar, focusing on infrastructure business growth.
Adani Commodities To Exit 20% Stake In Adani Wilmar Via Offer For Sale
Days after announcing its exit from Adani Wilmar, Adani Commodities is all set to sell a 20 per cent stake in the company via an offer for sale (OFS) route. In an exchange filing, Adani Commodities LLP,
Adani Wilmar Shares Tubmble Down Almost 10% On NSE As Stake Sale Via OFS Is Underway
Adani Wilmar, the food and beverage arm of the Adani Group, shares nosedived almost 10 per cent on NSE (National Stock ...
Adani Wilmar shares crash 9% as promoter looks to sell up to 20% stake via OFS
Adani, which holds nearly 44% stake, will sell up to 13.5% to the public in an offer for sale beginning Jan 10, with an ...
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Aletheia Capital upgrades Wilmar to 'buy' from 'sell' on higher margins and Adani JV acquisition
Nirgunan Tiruchelvam of Altheia Capital has turned bullish on Wilmar International following news that it will be taking ...
Adani Wilmar stock tumbles nearly 10% in early Friday trade
New Delhi: Shares of Adani Wilmar tumbled nearly 10 per cent on Friday morning following news that the Adani Group will raise ...
Businessworld2h
Adani Wilmar Stock Plummets 9% As Promoter Plans To Sell Upto 20% Stake Via OFS
The share price of Adani Wilmar plunged nearly 9 per cent in the Friday trading session after its promoter entity Adani ...
Big blow to Mukesh Ambani, Gautam Adani as they lose over Rs 52000 crore, reason is...
India's top billionaires, Mukesh Ambani and Gautam Adani, have suffered significant losses in their fortunes as stock markets ...
The Pioneer1h
Adani Wilmar stock tanks nearly 10 pc
Shares of Adani Wilmar tumbled nearly 10 per cent on Friday morning following news that the Adani Group will raise Rs 7,148 crore from the sale of up to 20 per cent stake in the FMCG firm in the open ...
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Adani-ISKCON To Start 'Mahaprasad Seva' In Maha Kumbh
The Adani Group and the International Society for Krishna Consciousness (ISKCON) have joined hands to serve meals to devotees ...