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Adani Wilmar Limited ( (IN:AWL) ) just unveiled an announcement.
AWL Agri Business Limited has received a request from Adani Commodities LLP and Adani Enterprises Limited to reclassify their status from ‘promoter and promoter group’ to ‘public’ under SEBI regulations. This follows the sale of 90,977,502 equity shares by Adani Commodities LLP, resulting in the Adani Group no longer holding any equity shares in the company. The reclassification request will be reviewed by the board of directors, potentially impacting the company’s shareholder structure and market perception.
More about Adani Wilmar Limited
AWL Agri Business Limited, formerly known as Adani Wilmar Limited, operates in the agri-business sector. The company is primarily focused on producing and distributing edible oils and related products, catering to the Indian market.
Average Trading Volume: 158,234
Technical Sentiment Signal: Hold
Current Market Cap: 358.6B INR
For an in-depth examination of AWL stock, go to TipRanks’ Overview page.