On July 17, 2025, Adani Enterprises Ltd (AEL) sold a 20% stake in AWL Agri Business Ltd to Lence Pte Ltd, a part of Wilmar International, for Rs 7,150 crore at Rs 275 per share. This deal makes Wilmar the majority owner of AWL, with a 64% stake. Adani Commodities LLP (ACL), a subsidiary of AEL, now holds 10.42% of AWL after selling this chunk. This is part of Adani’s plan to fully exit AWL, a joint venture in the FMCG (fast-moving consumer goods) business.
Adani’s leaving AWL? That’s a huge move! Rs 7,150 crore is a lot of money!
How It Started
In December 2024, Adani and Wilmar agreed to let each other buy or sell AWL shares later, up to Rs 305 per share. They each owned 44% of AWL, making 88% together. In January 2025, Adani sold 13.5% of AWL for Rs 4,855 crore at Rs 276.51 per share to meet rules that say 25% of a company’s shares must be public. After that, Adani’s share was 30.42%. Now, they’re selling up to 20% to Wilmar, and the last 10.42% will go to other investors Wilmar picks before the deal is done.
So Adani’s been planning this exit for a while? Smart to sell in steps!
What’s Next for Adani and AWL?
When all sales are done, Adani will own zero shares in AWL, and it won’t be linked to Adani Enterprises anymore. The total money from these sales will be Rs 15,729 crore (Rs 4,855 crore from January + Rs 10,874 crore now). Adani plans to use this cash to grow its main businesses like airports, roads, and green energy. Wilmar will run AWL, which makes Fortune brand cooking oil, flour, and more. An X post from @yatinmota said, “Adani Enterprises sells stake in Adani Wilmar. Deal value is 7150CR and post sale, AEL will only hold 11% in AWL.”
Adani’s getting out completely? They must have big plans for that cash!
AWL’s Doing Well
AWL Agri Business had its best-ever Q1 revenue in FY26 at Rs 17,059 crore, up 21% from last year. The edible oil business, which grew 26%, brought in Rs 13,415 crore, making up most of the revenue. AWL’s stock jumped 5.7% to Rs 277.7 on July 17, showing people are excited about the company’s growth, even as Adani leaves.
AWL’s making tons of money with edible oil! No wonder Wilmar wants a bigger piece.
Why This Matters
Adani’s exit from AWL shows they’re focusing on big projects like airports and energy instead of FMCG. Selling to Wilmar, a Singapore-based company, gives Adani lots of cash (Rs 15,729 crore total) to grow those businesses. For AWL, Wilmar’s 64% ownership means they’ll call the shots, which could change how the company runs. With AWL’s strong revenue and brands like Fortune, it’s a big deal in India’s FMCG market. An X post from @Cricbuzz said, “Adani’s exit from AWL is a game-changer for India’s FMCG space!” This could shake things up for both companies.
Adani’s cashing out big time! What do you think about them leaving AWL? Tell me!