Adani Enterprises to Divest Entire Stake in AWL to Wilmar for ₹10,874 Crore, Sells Initial 20% Stake

1 min read     Updated on 17 Jul 2025, 02:43 PM
scanxBy ScanX News Team
whatsapptwittershare
Overview

Adani Enterprises Limited (AEL) has signed an agreement to sell its entire stake in AWL Agri Business Limited to Wilmar International's subsidiary, Lence Pte. Ltd. The deal involves selling 11-20% of AWL's shares at ₹275 per share, valuing the transaction at up to ₹10,874 crore. Adani Group has already sold a 20% stake for ₹7,150 crore, making Wilmar the majority shareholder with 64% ownership. The total realization for Adani Commodities LLP is expected to be ₹15,729 crore, including previous sales. This move marks Adani's complete exit from AWL and the FMCG business.

14289224

*this image is generated using AI for illustrative purposes only.

Adani Enterprises Limited (AEL) has announced a significant move in its portfolio management, signing a share purchase agreement to sell its entire stake in AWL Agri Business Limited (formerly known as Adani Wilmar Limited) to Wilmar International Limited's wholly-owned subsidiary, Lence Pte. Ltd.

Deal Highlights

Aspect Details
Stake Sale Up to 20% stake in AWL
Deal Value ₹10,874.00 crore
Price/Share ₹275.00

Transaction Details

The deal involves Adani Commodities LLP (ACL), a wholly-owned subsidiary of Adani Enterprises, selling between 11% and 20% of AWL's issued and paid-up equity share capital to Lence. The final number of shares to be purchased will be determined by Lence, with a minimum of 142,964,647 shares (11%) and a maximum of 259,935,721 shares (20%).

In a recent development, Adani Group has sold a 20% stake in AWL Agri Business to Wilmar International for ₹7,150.00 crore at ₹275.00 per share. This sale is part of Adani's plan to exit the FMCG business. As a result of this transaction, Wilmar now becomes the majority shareholder with a 64% holding in AWL Agri.

Strategic Implications

  1. Complete Exit: Post-transaction, ACL will completely exit AWL, which will cease to be an associate company of both ACL and Adani Enterprises.

  2. Additional Share Sale: For any remaining shares between 11% and 20% not purchased by Lence, efforts will be made to bring in strategic partners or investors.

  3. Residual Stake Disposal: The remaining 10.42% stake held by ACL will be sold to pre-identified investors prior to the deal's consummation.

Financial Impact

  • Total Realization: ₹15,729.00 crore for ACL
    • ₹10,874.00 crore from the current transaction
    • ₹4,855.00 crore already realized through an offer for sale

Regulatory Compliance

The deal's completion is subject to customary conditions, including Lence obtaining all applicable anti-trust approvals for the acquisition of the Sale Shares.

Agreement Terminations

Upon the transaction's consummation, the parties have agreed to terminate:

  1. The shareholders' agreement dated April 12, 1999, along with subsequent amendments and adherence deeds.
  2. The Inter-se Agreement dated July 30, 2021.

This strategic move by Adani Enterprises marks a significant shift in its investment portfolio, potentially allowing the company to reallocate resources to other growth areas or strengthen its financial position.

Note: All financial figures are in Indian Rupees (₹).

Historical Stock Returns for Adani Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
+0.31%+1.38%+5.15%+9.03%-15.38%+1,625.99%
Adani Enterprises
View in Depthredirect
like16
dislike

Adani Enterprises Secures Approval for Navi Mumbai Airport Passenger Charges

1 min read     Updated on 11 Jul 2025, 01:42 PM
scanxBy ScanX News Team
whatsapptwittershare
Overview

Adani Enterprises has received approval for passenger charges at the upcoming Navi Mumbai International Airport. The fee structure includes ₹840 for domestic departures, ₹360 for domestic arrivals, ₹1,500 for international departures, and ₹750 for international arrivals. This approval is a crucial step in the airport's development, providing a clear revenue model for its operations. The implementation of these charges will directly impact air travelers using the facility and is vital for the airport's financial planning and operational strategy.

13767183

*this image is generated using AI for illustrative purposes only.

Adani Enterprises , a key player in India's infrastructure sector, has achieved a significant milestone in its airport operations. The company has received approval for passenger charges at the upcoming Navi Mumbai International Airport, marking a crucial step forward in the project's development.

Passenger Charge Structure

The approved charge structure for the Navi Mumbai Airport is as follows:

Passenger Type Departing Passengers Arriving Passengers
Domestic 840.00 360.00
International 1,500.00 750.00

This fee structure applies to both departing and arriving passengers, with international travelers incurring higher charges compared to domestic flyers.

Impact on Travelers

The implementation of these charges will directly affect air travelers using the Navi Mumbai Airport:

  • Domestic Passengers: Will pay ₹840.00 for departures and ₹360.00 for arrivals.
  • International Passengers: Face higher fees of ₹1,500.00 for departures and ₹750.00 for arrivals.

Strategic Importance

The approval of these passenger charges is a critical development for Adani Enterprises' airport business. It provides a clear revenue model for the operation of the Navi Mumbai Airport, which is poised to become a significant aviation hub in the Mumbai Metropolitan Region.

Looking Ahead

As Adani Enterprises moves forward with the Navi Mumbai Airport project, the approved passenger charges will play a crucial role in the airport's financial planning and operational strategy. The successful implementation of these charges will be vital for the airport's sustainability and its ability to provide world-class facilities to travelers.

The development of the Navi Mumbai Airport continues to be closely watched by industry observers and investors, as it represents a major expansion of India's aviation infrastructure and Adani Enterprises' growing presence in the sector.

Historical Stock Returns for Adani Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
+0.31%+1.38%+5.15%+9.03%-15.38%+1,625.99%
Adani Enterprises
View in Depthredirect
like15
dislike
More News on Adani Enterprises
Explore Other Articles
2,616.60
+8.10
(+0.31%)