Adani Enterprises sells stake worth $279 million in AWL Agri Business (updated)

AWL Agri Business

21/11/2025 15:34

Adds more details from BSE data in paragraph 2

Nov 21 (Reuters) - Indian conglomerate Adani Enterprises' ADEL.NS unit sold shares worth 25 billion rupees ($278.9 million) in AWL Agri Business AWLA.NS via bulk deals, data from exchanges showed on Friday.

Data from NSE showed that Adani Commodities, a subsidiary of Adani Enterprises, sold 39.5 million shares in AWL Agri for 275.09 rupees apiece, while data from BSE showed that it sold 51.5 million shares for 275 rupees apiece.

That reflects a discount of about 0.6% 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 = 89.6510 Indian rupees)

 (Reporting by Manvi Pant and Hritam Mukherjee in Bengaluru; Editing by Shilpi Majumdar and Anil D'Silva)

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