For the first three days of the new year, Adani fired its multidays on a negative note and plunged 9.5% to sell at RS 275. Following this plunge, Non Retail Investors mops up their Adani Wilmar Offer for Sale- which was slapped with an unrevealed date. The Mopers portion of the sale is set to open on January 13 which has pretty much cause volatility to the Indian stock market.

During this Garbled Sale period, Commodities Adani plans to throw Adani Wilmar Corporation 17 crores shares inducing a whopping 13.5$ of total issued equity Adani Wilmar Irrevocable. Along with a provisional capitalism; an extra 8.4 crores shares out of the shares are up for grabs for the company On Advertisement. On the sale price a discount of whopping 6% was planned.

In Adani Enterprises speech on December 2024, he stated on behalf of the Adani group that they would exit their joint venture with Wilmar international at a planned joint stake under the condition that Wilmar would hold a 31% stake.

Ventura Securities recently observed that Adani Enterprises would be able to improve its liquidity through the strategic divestment of Adani Wilmar. The funds released from the sale could help secure additional debt of Rs 35000- Rs 36000 crore bringing the total funds stood at ₹ 50,000 - 52,000 crore.

According to the abovementioned report and as previously pointed out, 63% is the fraction of total assets that is currently owned by the Adani Group equity, this figure is also likely to enhance post this transaction, indicating the group’s continued focus on the economy on the improved retention of capital and management of that capital.

Over the past three days, however, the shares of Adani Wilmar have dropped by over 11%, even as the Nifty 50 index has only lost 1 percent. After a year it recorded its lowest ever - a share price of Rs 279 in November 2024.