Adani Group Raises Rs 4,850 Crore by Selling 13.5% Stake in Adani Wilmar - Adani Group has raised Rs 4,850 crore through the ...

The move is part of the group’s strategy to focus on its core infrastructure business by exiting non-core activities ...

The Offer for Sale (OFS) included an option to sell an additional 8.44 crore shares, equivalent to 6.50percent equity.

Last month, the conglomerate had said that it will sell its entire 44 per cent stake in Adani Wilmar in a two-step process ...

The Adani Group on Friday raised about Rs 4,850 crore after selling 13.5 per cent of its stake in Adani Wilmar.

Stocks got hammered and bond yields climbed alongside the dollar, with traders slashing their bets for Federal Reserve ...