Adani Block Deal: Adani ENT Offloads 7% Stake In AWL Agri Business

Adani Block Deal: Adani Commodities LLP, a subsidiary of Adani Enterprises Limited (AEL), has reportedly offloaded its remaining 7% stake in AWL Agri Business Limited in a block deal. Adani Enterprises block deal attracted strong participation from institutional investors and mutual fund houses, reported CNBC TV 18 citing sources.

Adani Enterprises shares were trading 0.71% lower at Rs 2,428 per share on BSE with a market capitalisation of Rs 3,13,863.29 crore at 11:00 am. The stock witnessed significant trading volume during the market opening hours.

Adani Block Deal

The proposed Adani block deal transaction was carried out at a floor price of Rs 275 per share. So far, there has been no confirmation about details related to Adani Block Deal.

As per PTI report, domestic mutual fund houses, including Vanguard, Charles Schwab, ICICI Prudential MF, SBI Mutual Fund, Tata MF, Quant MF, and Bandhan MF, bought the stake in Adani Wilmar.

Additionally, several international investors from Singapore, the UAE, and the Asian markets also participated in the block deal. The block deal may also lead to increase in the stakes of Wilmar's long-term institutional partners such as GIC.

The recent block deal has come days after Adani Group sold 13% stake in AWL. With Adani Enterprise's final exit with 7% stake sae on November 20, at Rs 275 per share, AWL Agri Business Limited has completed a major shareholder reshaping.

Adani's exit from the entity has resulted in Singapore-based Wilmar International to become the sole promoter with an estimated 57% holding. With this, AWL has become a clear multinational ownership profile. AWL, the company behind India's popular oil brand 'Fortune', also operates an integrated food staples business across wheat flour, rice, pulses, and ready to cook products.

AWL Agri Business Share Price Trend

AWL Agri Business shares were trading 2.53% lower at Rs 269.6 per share on BSE with a market capitalisation of Rs 35,039.34 crore at 11:30 am. As per PTI report, AWL's business fundamentals remain strong, supported by deep domestic distribution and Wilmar's global network.

The stock had touched its 52-week high mark of Rs 337 per share on 30 December, 2024. Whereas, the stock had dipped to its 52-week low mark of Rs 231.55 per share on 17 February, 2025.The stock value has declined over 18.15% since the beginning of the year 2025, and by 56% in last three years. With the Adani block deal, AWL now stands as an MNC-controlled entity in the foods and staples business.