Adani Commodities to Sell 20% Stake in Adani Wilmar via OFS

10 Jan 2025 CW Team

Adani Commodities LLP, a promoter of Adani Wilmar (AWL), is planning to offload up to 20 per cent of its stake in the company through an Offer for Sale (OFS), scheduled to open on January 10, as per a filing made by the company on Thursday.

The company will sell 175.4 million shares, which represent 13.5 per cent of AWL’s equity, exclusively on T Day for non-retail investors. The OFS also includes an oversubscription option, allowing the sale of an additional 84.4 million shares, equating to a 6.5 per cent stake.

The floor price for the OFS has been set at Rs 275, which offers a 15 per cent discount on the current market price.

Non-retail investors will be able to bid on T Day, with the option to carry forward unallotted bids to January 13 (T+1 Day) for potential allocation in the retail category. Retail investors can place bids on T+1 Day if the oversubscription option is exercised. Additionally, 25 per cent of the offer is reserved for mutual funds and insurance companies, and 10 per cent is allocated for retail investors.

The allocation will be made at or above the offer price, and retail investors will have the option to bid at the cut-off price, as confirmed by the company.

This OFS follows Adani Enterprises (AEL)'s announcement that it will fully exit its joint venture with Wilmar International in AWL. The exit is expected to generate over $2 billion, which AEL plans to reinvest into its core infrastructure platforms.

Lence Pte, a subsidiary of Wilmar, will acquire up to 31.06 per cent of AWL's shares from Adani Commodities.

In addition, AEL will divest another 13 per cent stake to comply with public shareholding norms, marking its complete exit from its 44 per cent stake in AWL.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..