ALPHA TRIBE

AWL Agri Business LimitedQIP/Rights/Pref., 09-01-2025: Offer for sale

09-01-2025 | 04:51 pm

Adani Wilmar Limited is set to conduct an offer for sale (OFS) of up to 17,54,56,612 equity shares, representing 13.50% of its total equity share capital. The sale will occur over two trading days on January 10, 2025, for non-retail investors, and January 13, 2025, for retail investors. There's also an option to sell an additional 8,44,79,110 shares, potentially raising total sale stakes to 20%. The floor price is set at ₹275 per share. The proceeds aim to help the company meet the minimum public shareholding requirement.

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