💨 Abstract

India's Adani Group plans to sell a 20% stake in Adani Wilmar to the public, aiming to comply with minimum public shareholding rules. The move is part of the conglomerate's plan to exit the consumer goods company, focusing instead on its infrastructure business. The sale, starting January 10, will offer up to 13.5% to the public, with an option for an additional 6.5%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖