Adani Group has completely exited Adani Wilmar, selling 7% stake in the Fast Moving Consumer Goods (FMCG) company. The deal, valued at over Rs. 15,000 crores, was successful in meeting high demand from institutional investors both domestically and internationally. Adani Wilmar is now predominantly owned by a sole promoter, cementing its position in the global market. Gautam Adani, as the leader of Adani Group, led the management decisions for the successful divestment from Adani Wilmar Limited, a major player in the FMCG sector. The stake sale of 7% stake in Wilmar came as a result of a black deal on Friday.
Adani Wilmar Decides on Management Decisions, Sells Stake in Wilmar
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