Archive · 20 Nov 2025

Adani Enterprises Exits AWL Agri Business, Acquires Jaiprakash Associates

Adani Enterprises Exits AWL Agri Business, Acquires Jaiprakash Associates

Adani Enterprises, an Indian multinational conglomerate, has sold its 13% stake in AWL Agri Business to Singapore-based Wilmar International.

This sale is part of Adani Enterprises' strategy to exit the fast-moving consumer goods (FMCG) segment and focus more on infrastructure.

Simultaneously, Adani Enterprises has acquired Jaiprakash Associates Limited (JAL), which operates in multiple sectors.

Adani Enterprises' stock price increased by 0.61% following these announcements.

Sources