MUMBAI: Adani Enterprises Ltd is exploring selling its stake in its Mumbai-listed consumer-staple joint venture with Wilmar International Ltd, freeing up capital for their core business, according to people familiar with the matter.
The conglomerate has been considering a potential sale of its 44% stake in Adani Wilmar Ltd for a few months, the people said, asking not to be identified as the information is confidential.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
