Adani Group has fully divested from AWL Agri Business, formerly Adani Wilmar, by selling its remaining 10.42% stake to investors from the US, UK, Middle East, and India. The block trade occurred at Rs 275.5 per share. This follows Adani Enterprises’ prior sale of a 20% stake to Wilmar International for Rs 7,150 crore.
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India