Adani Enterprises refutes Adani Wilmar stake sale rumors


Content Team
Image Credit: NewsBytes

Adani Enterprises has refuted media reports that said the company was looking to sell its stake in the FMCG joint venture Adani Wilmar. The company clarified that there is no such event that requires disclosure under SEBI Listing Regulations. The statement follows a Bloomberg report indicating a potential stake sale by the conglomerate to free up capital for its core business.