AWL Agri Business Limited announced on March 6, 2026, that it received approval from both BSE Limited and the National Stock Exchange of India (NSE) for a major promoter reclassification. This action moves 218 entities, previously categorized under the ‘promoter and promoter group,’ into the ‘public’ category. The approvals follow an application submitted on November 27, 2025, pursuant to applicable regulations.
Stock Exchange Approval for Reclassification
AWL Agri Business Limited (formerly known as Adani Wilmar Ltd) officially disclosed the receipt of approval from both the BSE Limited and the National Stock Exchange of India (NSE) on March 6, 2026. These approvals pertain to the request for the reclassification of numerous entities from the ‘promoter and promoter group’ status to the ‘public’ category, as mandated under relevant regulations.
Scope of Reclassification
The reclassification encompasses a substantial list of 218 entities associated with the promoter group. The initial application seeking this change was formally submitted to the Stock Exchanges on November 27, 2025. The detailed list provided by AWL includes entities spanning infrastructure, energy, technology, real estate, and logistics sectors, among others.
Key Entities Moved to Public Category
The entities approved for reclassification are wide-ranging. Prominent names listed as moving from the promoter group to the public category include:
- Adani Enterprises Limited
- Adani Commodities LLP
- Adani Green Technology Limited
- Adani Airport Holdings Limited
- Adani Cement Industries Limited
- Adani New Industries Limited
- Adani Metro Transport Limited
- Adani Total Gas Limited (implied through related entities like ‘Adani Global FZE’ and other subsidiaries)
The comprehensive list covers entities such as Adani Defence Systems and Technologies Limited, various solar and energy ventures (e.g., Mundra Solar Limited), infrastructure assets (e.g., Jaipur International Airport Limited), and numerous overseas subsidiaries (e.g., Adani Global (Switzerland) LLC).
Regulatory Compliance Acknowledged
Both the BSE and NSE letters confirm the granting of no-objection for the reclassification request. AWL Agri Business Limited confirmed that the official approval letters were enclosed for reference. The company stated its commitment to ensuring subsequent compliance with all relevant disclosures concerning this material event as per the applicable provisions of the regulations.
Source: BSE
