AWL Agri shares fall as 6.6% stake sold in block deals in Adani group co, likely for about Rs 2,400 crore

AWL Agri Ltd

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26 Aug, 2025 12:21

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AWL Agri Business Ltd saw heavy block-deal activity on Friday, with about 6.6 percent of its equity changing hands in large trades. The stock fell, trading down 2.53 percent at Rs 269.75 in the morning session. The deal could be worth about Rs 2,300-2,400 crore, going by AWL Agri market capitalisation, and an earlier news report.

Friday’s transaction comes against the backdrop of the Adani Group’s ongoing exit from the AWL Agri business. Earlier this week, Adani group -- which held 20 percent stake in AWL Agri Business -- had sold 13 percent to an arm of Wilmar International via an off-market transaction worth Rs 4,646 crore. The planned sale of the remaining 7 percent stake through a block deal was earlier reported by Moneycontrol, based on information from multiple industry sources.

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Separately, Adani Group said the block deal attracted strong institutional demand, with major global and domestic investors participating. According to CNBC-TV18, the group said that Vanguard, Charles Schwab, ICICI Prudential Mutual Fund and SBI Mutual Fund were among the buyers. Tata Mutual Fund, Quant Mutual Fund and Bandhan Mutual Fund also took part in the transaction.

Further details on final allocations are awaited. AWL Agri shares are now down 18 percent year-to-date.

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