AWL Agri Business Limited (formerly Adani Wilmar Limited) has initiated the process to strike off its wholly owned subsidiary from the official records of the Registrar of Companies. The company filed the application on January 27, 2026, in compliance with regulatory disclosure requirements under SEBI listing obligations.

Strike-Off Application Details

AWL Edible Oils and Foods Private Limited, the wholly owned subsidiary, has filed an application with the Registrar of Companies under Section 248 of the Companies Act, 2013. The strike-off process requires necessary approvals from the Ministry of Corporate Affairs, Registrar of Companies, and other applicable statutory authorities.

Financial Position of Subsidiary

The subsidiary's financial contribution to the parent company remains minimal. As at March 31, 2025, the subsidiary reported specific financial metrics that highlight its limited operational scope.

The subsidiary's revenue contribution stands at zero percent of the parent company's total turnover, while its net worth represents an insignificant portion of AWL Agri Business Limited's overall financial position.

Regulatory Compliance and Timeline

The disclosure has been made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with compliance to SEBI Circular dated July 13, 2023. The company has committed to informing stock exchanges upon receipt of approval or completion of the strike-off process.

The transaction does not involve any sale consideration, buyer arrangements, or related party transactions, as this represents a regulatory strike-off rather than a commercial disposal. The process is expected to conclude within six months from the application date, subject to regulatory approvals.

AWL Agri Business Limited (formerly Adani Wilmar Limited) has successfully concluded its postal ballot process with shareholders approving all 11 proposed resolutions. The company announced the results on January 20, 2026, following the completion of e-voting that concluded on January 16, 2026.

Voting Process and Participation

The postal ballot process was conducted entirely through electronic voting via Central Depository Services (India) Limited. The e-voting period commenced on December 18, 2025, at 9:00 AM IST and concluded on January 16, 2026, at 5:00 PM IST. The process was overseen by scrutinizer Raimeen Maradiya, a practicing company secretary from Chirag Shah & Associates.

Key Leadership Appointments

The most significant resolutions involved critical leadership appointments that received overwhelming shareholder support:

Executive Appointments:

• Shrikant Kanhere (DIN: 07185218) was appointed as Director with 99.75% approval and as Managing Director & CEO with 99.64% approval
• Saumin Sheth (DIN: 03586740) was appointed as Director with 99.75% approval and as Executive Director & COO with 99.62% approval

Independent Director Re-appointments

Shareholders also approved the re-appointment of several independent directors, along with provisions for continuation beyond age 75:

Independent Director Approvals:

• Dorab E. Mistry (DIN: 07245114): Re-appointed with 94.92% approval; continuation beyond 75 years approved with 95.18%
• Madhu Ramachandra Rao (DIN: 02683483): Re-appointed with 95.11% approval; continuation beyond 75 years approved with 95.18%
• Dipali Sheth (DIN: 07556685): Re-appointed with 99.61% approval
• Dr. Anup P. Shah (DIN: 00293207): Re-appointed with 99.92% approval

Corporate Governance Enhancement

The final resolution involved the adoption of amended Articles of Association, which received near-unanimous approval at 100.00%. This resolution garnered 1,080,836,792 votes in favour with minimal dissent of just 33,450 votes.

Voting Pattern Analysis

The voting results demonstrated strong confidence across all shareholder categories:

All resolutions were passed as either ordinary or special resolutions based on their nature, with the company maintaining compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The successful completion of this postal ballot process positions AWL Agri Business Limited for its next phase of growth under new leadership while maintaining strong governance standards.