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Adani Wilmar Ltd. was incorporated in 1999 as an equal joint venture between Adani Enterprises and Singapore-based Wilmar International. [9] [10] Adani Wilmar's brand, Fortune, is an edible oils and foods brand. [9] Between 2014 and 2017, the company launched other packaged products, such as rice, soya chunks, and flour, under the same brand ...
The company went public in January 2022 with an initial public offering, after which Adani Enterprises and Wilmar International continued to hold a combined 88% stake in Adani Wilmar. [76] On December 30, 2024, Adani Enterprises announced plans to sell its entire 44% stake in Adani Wilmar in a $2 billion deal. The transaction includes Wilmar ...
Adani Wilmar: Adani (44%) Wilmar (44%) BSE: 543458. NSE: AWL. Finance: Adani Capital Personal loans Adani Housing Finance Housing financing agency Media - AMG Media Networks Ltd NDTV: 64.71% BSE: 532529. NSE: NDTV. Acquired BQ Prime from Quint Digital Media and rebranded it as NDTV Profit, see www.ndtvprofit.com: IANS India: 50.50%
Shares in Adani Enterprises, the group’s flagship company, fell by over 20%, helping erase an estimated $15 billion from Gautam Adani’s net worth.
Gautam Shantilal Adani (Gujarati: [ɡəʊt̪əm ʃãn̪t̪ilal əd̪aɳiː]) (born 24 June 1962) is an Indian billionaire businessman who is the founder and chairman of the Adani Group, a multinational conglomerate involved in port development and operations in India.
Adani Wilmar: Food processing: 54,471 1% 582 Ahmedabad: 48 Tech Mahindra: Infotech 54,255 19% 4,831 Pune: 49 UPL: Chemicals 54,210 16% 3,570 Mumbai 50 Jindal Steel and Power: Iron and steel: 54,194 4% 3,174 New Delhi
It is a subsidiary of Ambuja Cements and a part of the Adani Group. On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited. The company was established in Mumbai, Maharashtra on 1 August 1936. [3]
Both the companies have links to the Adani Group, [133] LTS Investment Fund in particular has investments worth ₹ 19,328 crore (US$2.2 billion) in 13 Indian companies of which 4 belong to the Adani Group and the investments in these 4 constitute around 98% of their total investments, worth ₹ 18,916.7 crore (US$2.2 billion). [133] [132]