Adani Enterprises subsidiary exits AWL for $1.9bn

Adani Commodities LLP, a wholly owned subsidiary of Adani Enterprises Limited, has agreed to sell between 11% and 20% of AWL Agri Business Limited equity shares to Lence Pte. Ltd. for INR 275 per share, generating INR 10,874 crores in cash.

Combined with a prior sale of 175,601,314 equity shares in January 2025, Adani Commodities' total realization reaches INR 15,729 crores.

Upon completion, Adani Commodities will fully exit AWL, ending AWL's associate company status for both subsidiaries.