India’s Adani Enterprises says no planned event on Wilmar stake sale report

BENGALURU: India’s Adani Enterprise said on Thursday there was no major event that requires a regulatory disclosure,...
10 Aug, 2023

BENGALURU: India’s Adani Enterprise said on Thursday there was no major event that requires a regulatory disclosure, a day after Bloomberg News reported the flagship company of the Adani group was exploring selling its 44% stake in unit Adani Wilmar.

The report, citing people familiar with the matter, had said billionaire Gautam Adani and his family may retain a minority stake following a stake sale in its $6 billion consumer staple joint venture with Wilmar International.

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