Adani Wilmar Shares Offered at Discount Through Promoter OFS
We discuss an upcoming offer for sale (OFS) of Adani Wilmar shares, where the promoter Adani Commodities LLP is selling a 20% stake at a 15% discount to the current market price. The OFS will be conducted in two stages - first for non-retail investors on January 10, and then for retail investors on January Investors with applications above 2 lakh rupees can participate in the first stage, while those with applications below 2 lakh rupees can apply in the second stage.
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Utkarsh Chaturvedi