Wilmar International

Adani Wilmar shares down 7% a day after Adani's exit from FMCG business

Adani Wilmar shares are lower by 17% in 2024. JPMorgan's note has ascribed an Underweight with a target of Rs 320 per share, adding that the company has significant sourcing, supply chain and scale advantages.

Adani Enterprises to exit Wilmar JV in $2 billion deal, invest proceeds in 'core infrastructure'

Adani Enterprises is selling a total of 44% stake in the JV, and Wilmar International will acquire up to 31% in it. Adani’s nominee directors will be stepping down from the board and shareholders will be changing the name of the company.

'Unable to comment': Adani Wilmar on reports of Adani group planning to exit FMCG joint venture

Reports said that Adani Enterprises has been considering a potential sale of its 44 percent stake in Adani Wilmar for a few months.

Adani Enterprises weighs exiting $6 billion Wilmar venture

Gautam Adani and his family may retain a minority stake in a personal capacity following a sale, the people said.