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Adani, Wilmar
Adani Wilmar OFS: Adani group raises Rs 4,850 crore from 13.5% stake sale
On January 9, the group had announced sale of 17.54 crore shares (13.50 percent equity) in the company on January 10 (to non-retail investors) and on January 13 (to retail investors) at a floor or minimum price of Rs 275 apiece.
Adani raises Rs 4,850 crore from sale of 13.5% stake in Adani Wilmar
Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business.
India's Adani to sell up to 20% stake in Wilmar joint venture
India's Adani Group said on Thursday it plans to sell a stake of up to 20% in Adani Wilmar to the public, as the conglomerate looks to comply with minimum public shareholding rules amid plans to exit the consumer goods company.
Adani Wilmar OFS: Share price tanks 10% as promoter plans to sell 20% stake
Adani Wilmar shares fell over 9% on Friday, January 10, as the two-day offer-for-sale (OFS) by promoter Adani Commodities LLP kicks off. Read on to find out why the stock declined.
Adani Wilmar shares slide 9% as promoter looks to divest 20% stake via OFS
Adani Wilmar shares dropped 9% to ₹293.55 after promoter Adani Commodities announced plans to divest up to 20% stake via an Offer For Sale. The sale price is set at ₹275 per share, with non-retail investors eligible from January 10.
Adani raises offer-for-sale size to 20% in Wilmar JV
MUMBAI: Adani Group has decided to increase the size of its offer for sale (OFS) to offload part of its stake in Adani Wilmar to 20 per cent from 13 per cent announced earlier, due to strong demand from institutional investors.
Adani Wilmar OFS: Gautam Adani-led group to dilute 20% more stakes in JV - Check floor price, retail portion
An additional option to sell up to 8.44 crore shares will be included in the offer for sale (OFS) or 6.5% of equity shares. The port-to-power conglomerate, which owns 43.94 percent of the joint venture,
Adani Commodities To Exit 20% Stake In Adani Wilmar Via Offer For Sale
Days after announcing its exit from Adani Wilmar, Adani Commodities is all set to sell a 20 per cent stake in the company via an offer for sale (OFS) route. In an exchange filing, Adani Commodities LLP,
Adani Group to sell 20% stake in Adani Wilmar via OFS, floor price set at ₹275
FMCG player Adani Wilmar is expected to draw attention on Friday, January 10, following the Thursday evening announcement that its founder plans to divest a stake in the company via an Offer For Sale (OFS).
15h
on MSN
Adani Power, Tata Power, CESC: How to trade these buzzing power stocks
An analyst from Stoxbox said that Adani Power is at a crucial support zone, which has acted as a strong floor in the past, ...
2d
Stock to watch tomorrow: Adani Power shares in focus after THIS Care rating update
Adani Power’s shares will be in focus tomorrow after CARE Ratings assigned credit ratings to the company’s proposed NCDs on ...
2d
Adani stocks up on positive developments, market cap jumps to nearly Rs 12.8 lakh crore
Adani Group shares saw a bullish trend on Tuesday, as buying was seen in almost all of the group's stocks, led by Adani Green ...
The Financial Express
2d
Stock in Focus: Adani Power, RVNL, Tata Steel, NTPC, Jindal Worldwide, Tata Technologies, Tata Elxsi, Ola Electric and more
Tata Technologies has partnered with Telechips, a global leader in automotive semiconductor solutions, to advance their ...
Outlook Business
3d
SC to Hear Adani Power’s Plea Against Punjab Electricity Board: Here's the Case Timeline
Adani Power contested in the SC that the commission had failed to approve the PPA even after the parties had performed their ...
energy.economictimes.indiatimes
9d
Power Mech Projects bags Rs 294-crore order from Adani power
The services include overhauling, erection, testing, commissioning and manpower assistance for performance guarantee test of ...
3d
Backlash over Adani indictment
HOURS after US officials indicted Gautam Adani, one of India’s most prominent business figures, on fraud and conspiracy ...
India Infoline
9d
Power Mech Secures ₹294 Crore Order from Adani Power for Thermal Plant Overhaul
Unit 3 work needs to be completed in 12 months, while Unit 4's completion schedule is 18 months. The order value is GST-free.
7d
On Adani power contract, Andhra CM Naidu now says: ‘Unless there is clear proof, we cannot take action’
Speaking in the state Assembly on November 22, Naidu had said his government was in possession of the US indictment reports, ...
3d
Protest ends after land allotted away from Oran to Adani power project
Jaisalmer: The two-month-long protest by the villagers of Baiya in Jaisalmer, to protect their Oran (grove) ended after the ...
english.mathrubhumi
1d
US Ambassador Garcetti declines to comment on Adani case, highlights independent US legal system
US Ambassador Eric Garcetti declines to comment on Adani legal case, emphasises continued India-US collaboration.
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