Adani Enterprises to sell 30.42% of AWL Agri Business Ltd shares
Adani Enterprises (AEL) is divesting its remaining 30.42% stake in AWL Agri Business. Lence Pte. Ltd. will acquire 11-20% of AWL shares from Adani Commodities LLP (ACL) at ₹275/share. The remaining 10.42% will be sold to other investors. This full exit, including a January 2025 sale, will net ACL ₹15,729 crores, terminating AWL's associate status with AEL.