Shajaeatan leads Rs 3,050cr stake buy in AWL Agri; Global funds join in
Shajaeatan Investment FZCO
led the buying in
AWL Agri Business
(formerly
Adani Wilmar
) on Friday, acquiring 8.52% for ₹3,050 crore. Other buyers included
Quant Mutual Fund
, IDFC MF, Bandhan MF, Jupiter Fund Management, Morgan Stanley Asia Singapore, Susquehanna International, Franklin Templeton, Vanguard, and Singapore's Duro Capital.
Adani Commodities LLP, a subsidiary of
Adani Enterprises
, sold approximately 10% stake - 13.54 crore shares - for ₹3,732 crore via
block deals
at ₹275.5 apiece, marking its complete exit from the
FMCG firm
.
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The divestment is part of Adani's shift toward infrastructure. AWL posted a FY25 net profit of ₹1,225.81 crore on revenue of ₹63,910 crore.
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