Adani Wilmar Shares Take a Hit as Promoter Opts for Stake Dilution via OFS
Adani Wilmar, a prominent player in India’s FMCG sector, witnessed a significant downturn in its share value today. This decline is attributed to the announcement of an Offer For Sale (OFS) by its promoter group, intending to divest a substantial stake in the company. The move has triggered a wave of reactions from investors, leading … Read more