In a fresh regulatory blow to the Adani Group, India’s market regulator, the Securities and Exchange Board of India (SEBI), has issued show-cause notices to six companies within the conglomerate. The notices, filed under scrutiny for non-compliance with listing regulations and questionable related party transactions, affect several of Adani’s prominent companies, including Adani Enterprises, Adani […]
Adani Wilmar has rolled out nine different varieties of natural dal under the Fortune Pulses brand, which are said to be sortex-cleaned and unpolished. The Indian packaged foods fast-moving consumer goods (FMCG) company said that the Fortune brand is dedicated to providing “Wahi Desi Swaad” with its products. Fortune is aiming to create a solid […]
Adani Wilmar Limited (AWL) has expanded its ready-to-cook range with the launch of the Kohinoor Hyderabadi Biryani Kit. According to the Indian fast-moving consumer goods (FMCG) food company, the do-it-yourself (DIY) biryani kit from the Kohinoor brand helps people to prepare restaurant-style authentic biryani in 30 minutes. The brand-new DIY biryani kit will be available […]
Adani Wilmar Limited (AWL), an Indian fast-moving consumer goods (FMCG) food company, said that it has acquired various brands including the Kohinoor Brand – domestic (India region) from McCormick Switzerland for an undisclosed price. Through the acquisition, Adani Wilmar gains exclusive rights over the Kohinoor basmati rice brand in addition to ‘ready to cook’, ‘ready […]
Adani Enterprises Limited said that Adani Wilmar Limited is seeking an initial public offering (IPO) for listing on both the BSE and National Stock Exchange of India. Adani Wilmar is a 50:50 joint venture between the Adani Group and the Wilmar Group, a Singapore-based agribusiness company. In view of the proposed IPO, Adani Wilmar has […]