AWL Agri Business Limited (formerly known as Adani Wilmar Limited) has received a request from its promoter group, including Adani Commodities LLP (ACL) and Adani Enterprises Limited (AEL), to be reclassified from the ‘promoter and promoter group’ category to the ‘public’ category. This action follows ACL’s sale of 90,977,502 equity shares, representing 7.00% of the company’s issued and paid-up capital. As a result, the Adani Group no longer holds equity shares in the company.
Reclassification Request Overview
AWL Agri Business Limited has received a formal request for reclassification from its promoter group. The request, dated November 21, 2025, was submitted by Adani Commodities LLP (ACL) and Adani Enterprises Limited (AEL), acting on behalf of themselves and other members of the promoter group. The group seeks to transition from the ‘promoter and promoter group’ category to the ‘public’ category.
Details of Shareholding Change
The reclassification request comes after ACL sold 90,977,502 equity shares of AWL Agri Business Limited on November 21, 2025. This sale represents 7.00% of the company’s total issued and paid-up equity share capital and was executed via a bulk deal on the stock exchange.
Implications of Reclassification
Following the share sale, the Adani Group no longer holds any equity shares in AWL Agri Business Limited. The company’s board of directors will review the reclassification request at its upcoming meeting, and actions will be taken in accordance with applicable regulations. The promoter entities confirmed that they do not hold more than 10% of the total voting rights, do not exercise control over the company’s affairs, and comply with the conditions prescribed. Furthermore, they do not have special rights or representation on the board.
Promoter Group Entities
As of November 21, 2025, several promoter group entities held zero shares in the company, including Adani Commodities LLP, Adani Enterprises Limited, and numerous others. A comprehensive list of these entities and their shareholding status as of this date is enclosed in the original announcement.
Source: BSE
