Adani Enterprises sells stake worth $121 million in AWL Agri Business

AWL Agri Business

21/11/2025 13:04

Nov 21 (Reuters) - Indian conglomerate Adani Enterprises' ADEL.NS unit sold shares worth 10.86 billion rupees ($121.2 million) in AWL Agri Business AWLA.NS via a bulk deal, exchange data showed on Friday.

Adani Commodities, a subsidiary of Adani Enterprises, sold 39.5 million shares in AWL Agri for 275.09 rupees apiece, reflecting a 0.6% discount to Thursday's close.

The unit owned a 20% stake in AWL Agri, as of September 30, representing 259.9 million shares held, exchange data showed.

($1 = 89.6410 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru; Editing by Shilpi Majumdar)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))