AWL Agri Business has received approval from the State Administration for Market Regulation of People’s Republic of China for a share transaction. This transaction involves the sale of up to 20% of the issued and paid-up equity share capital held by ACL. The final number of shares will be determined by Lence. The transaction is subject to the satisfaction of other conditions.
Approval Received for Share Sale
AWL Agri Business announced that it has received approval from the State Administration for Market Regulation of the People’s Republic of China regarding a proposed share transaction, as of September 16, 2025.
Details of the Transaction
The agreement involves Adani Commodities LLP (“ACL”) and Lence Pte Ltd (“Lence”). ACL has agreed to sell up to a maximum of 259,935,721 equity shares, representing up to 20.00% of the issued and paid-up equity share capital held by ACL. No less than 142,964,647 equity shares representing 11.00% of issued and paid-up equity share capital will be transacted.
Share Price and Conditions
The sale price is set at INR 275 per share. The consummation of the transaction remains subject to the satisfaction of other conditions as outlined in the original agreement.
Source: BSE