Page 4 - Adani Wilmar

Adani Enterprises hits 5-month high; shares surge 21% in 8 days

Shares of Adani Enterprises were trading at their highest level since June 4, 2021

Nykaa, Adani Wilmar, Star Health, 3 others get Sebi's go-ahead for IPOs

As many as six companies, including Nykaa, Adani Wilmar and Star Health & Allied Insurance, have received capital markets regulator Sebi's go-ahead to launch initial share-sales. Apart from these, Penna Cement Industries, Latent View Analytics and Sigachi Industries too received Sebi's clearance to raise funds through the initial public offerings. These six companies, which filed their preliminary IPO papers with Sebi between May and August, obtained its "observations" during October 11-14, an update with Sebi showed on Monday. In Sebi parlance, issuance of observations implies its go-ahead to float the initial public offering (IPO). Going by the draft papers, the IPO of FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, comprises fresh issue of equity shares worth Rs 525 crore and an offer for sale (OFS) of 43,111,670 equity shares by promoter and existing shareholders. Those selling shares in the OFS are -- promoter Sanjay Nayar ..

Adani Wilmar rolls out 'Fortune Mart' stores in 6 states

Adani Wilmar, which markets edible oils and other food products under the Fortune brand, on Monday said it has opened 12 physical stores on franchisee model across six states and plans to start outlets across the country. "Adani Wilmar is opening physical stores under the name Fortune Mart which will exclusively sell Fortune and other Adani Wilmar brand products," the company said in a statement. The physical stores are being opened on a franchise model. Adani Wilmar has so far opened 12 Fortune Mart stores in Jaipur, Jodhpur, Lalitpur, Gandhinagar, Surat, Gandhidham, Jabalpur, Vidisha, Gwalior, Kharghar, Akola, and Haldia. These cover the states of Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh, Maharashtra and West Bengal. The company further aims to launch Fortune Mart stores in north and eastern parts of India in the coming quarter. "Fortune has become a household name and the most popular and preferred food brand in the country. The rollout of Fortune Mart stores aims to .

No word from Sebi on Adani Wilmar IPO being kept in abeyance: Adani Group

The Adani Group has said that it has not received any formal communication from the Securities & Exchange Board of India (SEBI) with respect to Adani Wilmar initial public offering (IPO) observations being kept in abeyance.

Sebi keeps Adani Wilmar's Rs 4,500-crore issue in abeyance

The company had filed preliminary papers with Sebi on August 3, to raise funds through an initial public offering (IPO)

Adani Wilmar FY21 profit jumps 58% to Rs 728 cr; income up 25%

Adani Wilmar, which markets its cooking oils and other items under Fortune brand, filed a draft red herring prospectus with Sebi to launch its IPO to raise up to Rs 4,500 crore.

Adani Wilmar files draft papers for Rs 4,500 crore-IPO with Sebi

Edible oil major Adani Wilmar Ltd (AWL) on Monday filed the draft red herring prospectus with markets regulator Sebi for an initial public offer to raise up to Rs 4,500 crore.

Ganguly will continue to be our brand ambassador: Adani Wilmar Dy CEO

Adani Wilmar Dy CEO Angshu Mallick on Tuesday said that former India skipper and BCCI president Sourav Ganguly will continue to be their brand ambassador

Adani Wilmar eyes Rs 50,000 cr turnover in 5 yrs, pins hope on packed food

Completes 20 years of Fortune brand of edible oil and foods with a turnover of over Rs 30,000 crore; sees packaged staples biz at 3x that of cooking oil in 5 years

'Ban on blending to boost mustard seeds production, cut edible oil imports'

"To produce 5 lakh tonnes of mustard oil, we will require 12-15 lakh tonnes of extra mustard seeds," Mallick said

Edible oil firms to buy seeds directly from empanelled farmers and APMCs

Large and mid-sized firms are likelt to save some costs using this mechanism, some of which will be passed on to farmers

Plants working at 70% capacity, aiming for optimal level soon: Adani Wilmar

In view of large-scale migration of workers, firm has been managing its operations with 50-60 per cent of the workforce

Adani Wilmar cuts production of Fortune cooking oil brand by 40 per cent

In the packaged edible oil segment, Adani Wilmar is a market leader with over 20 per cent share.

Covid-19: Adani Wilmar, Swiggy tie up to deliver edible oil, food items

While Swiggy is likely to start delivery of the Fortune range in Lucknow and Kanpur by next week, Adani Wilmar also plans to expand the service to 13 more cities

Oil brand tries a new Fortune with fresh look and Akshay Kumar as face

Since its launch way back in 2000, Fortune has built itself a neat niche in the edible oils segment

Adani Wilmar aims to shake off edible oil tag with new Fortune brand logo

Despite operating now in 5 categories - edible oil, pulses, rice, wheat flour and sugar - over 90% consumers still associate Fortune brand with the cooking medium

Adani Wilmar aims to double its market share in branded wheat flour

Plans to ramp up capacity utilisation by 80% this calendar year

Entry of Adani Wilmar intensifies competition in ready-to-cook segment

Edible oil company Adani Wilmar recently threw its hat into the ring with a handful of ready-to-cook khichdi variants

Adani Wilmar's Rs 60-billion bid for Ruchi Soya gets approval of CCI

Ruchi Soya was admitted under the corporate insolvency resolution process (CIRP) of the Insolvency and Bankruptcy Code (IBC) in December 2017

Adani Wilmar plans Rs 600 cr edible oil refinery in Odisha

The edible oil major has sought 100 acres for its unit proposed in Odisha