Adani Enterprises sells remaining 7% stake in AWL via block deal

Adani Group has fully exited Adani Wilmar Ltd. The conglomerate sold its final stake in a block deal. Domestic and international institutional investors bought the shares. Wilmar International is now the sole promoter of Adani Wilmar. This move removes uncertainty and concentrates ownership. The company now enters a new phase as an MNC-controlled entity.