Adani exits FMCG JV with Wilmar for Rs 10,874 cr
Adani Group to exit AWL Agri Business for Rs 10,874 crore, ceding control to Wilmar International. JV between Adani and Wilmar, which began in 1999, saw both hold nearly 44% each. Adani Commodities to sell 20% stake to Wilmar unit for Rs 7,150 crore, while balance 10.42% to be sold to pre-identified investors.