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Adani Wilmar Limited ( (IN:AWL) ) just unveiled an announcement.
AWL Agri Business Limited has announced the complete exit of Adani Commodities LLP (ACL) from its shareholding structure following the sale of equity shares, resulting in the reclassification of the Adani Group from ‘promoter’ to ‘public’ category. This strategic move, approved by the Board of Directors, includes amendments to the company’s Articles of Association and aligns with regulatory requirements, potentially impacting the company’s market positioning and stakeholder relationships.
More about Adani Wilmar Limited
AWL Agri Business Limited, formerly known as Adani Wilmar Limited, operates in the agribusiness sector. The company is primarily involved in the production and distribution of edible oils and related food products, focusing on contributing to a healthy growing nation.
Average Trading Volume: 1,085,917
Technical Sentiment Signal: Hold
Current Market Cap: 356.2B INR
For a thorough assessment of AWL stock, go to TipRanks’ Stock Analysis page.