Tag: Indian securities laws

The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad. Adani Enterprises and Wilmar International are set to divest a 13% stake in Adani Wilmar, valued at $735 million, to adhere to regulations requiring non-founders to hold at least 25% within three years of listing.(Reuters)
Posted in Business

Adani, Wilmar to start stake sale in joint venture next month: Report

Sep 16, 2024 04:06 PM IST Adani Enterprises and Wilmar International plan to sell a 13% stake in Adani Wilmar to comply with shareholding regulations….

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