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WILMAR SUGAR HOLDINGS
Wilmar International gets CCI nod to acquire 20 pc stake in AWL Agri BusinessThe move came after Adani Group in July this year announced that it will sell a 20 per cent stake in AWL Agri Business (formerly Adani Wilm...- Post-Adani exit, Wilmar to emulate ITC; leverage cash-cow oil business to expand FMCG portfolioAdani Wilmar Ltd (AWL) is leveraging its dominant edible oil business to drive growth in its high-margin FMCG portfolio following the Adani...
- Adani, Wilmar are said to weigh selling $670 million stake in JVThe owners are exploring selling equal stakes that may total 13% in Mumbai-listed Adani Wilmar, said the people, asking not to be identifie...
- Shree Renuka Sugars Q3 Results: Net profit at Rs 42.8 croreTotal income rose to Rs 2,025.3 crore in the third quarter of this fiscal year from Rs 1,398.6 crore in the corresponding period of the pre...
- Temasek-owned Olam to sell Maharashtra Sugar plant to Wilmar-Renuka for Rs 350-500 crore“Both the companies are known to each other for sometime. The bilateral negotiations are at an advanced stage now. From the part of Olam, t...
- Shree Renuka to gain from govt’s ethanol pushAfter change in management, balance sheet clean-up and capacity addition, co is all set for a turnaround
- Renuka Sugars Q3 results: Posts net loss of Rs 141 croreTotal income in the third quarter of the current financial year increased to Rs 1,398.6 crore from Rs 1,003.9 crore in the corresponding pe...
- Renuka Sugars posts Rs 208 crore loss in December quarterTotal income dipped to Rs 1,003.9 crore in the third quarter of this fiscal.
- Bitter NPA pill for Renuka Sugars’ lendersRBI seeks NPA tag for the account, refusing to recognise change of ownership a year after Wilmar acquired majority stake in the firm
- Wilmar Sugar buys 19.77 % additional stake in Shree Renuka Sugars via open offerAfter the completion of the open offer, WSH's stake has now gone up to 58.34 per cent in the sugar company.
- Renuka Sugars VC & MD Narendra Murkumbi resignsMurkumbi will continue to hold the position for a period 90 days or until the completion of the open offer made by Wilmar Sugar Holdings, w...
- Wilmer to increase stake in Shree Renuka SugarBoard of Shree Renuka Sugars has decided to issue 50 crore compulsorily convertible preference shares at Rs 16.27 apiece
- Wilmar may hike stake with fresh equity infusion in Shree Renuka SugarsThe proposed plan is for co-promoter Wilmar International to infuse fresh equity of around Rs 700-Rs 800 crore.
- Shree Renuka shareholders approve allotment of shares to Wilmar Sugar HoldingsShareholders of Shree Renuka Sugars today approved the allotment of 2.57 crore shares to Wilmar International for total worth Rs 517 crore.
- Renuka Sugars Board gives in-principal nod for rights issue to raise Rs 725.4 croreRenuka Sugars today said its Board has given in-principal approval for issuing shares to existing shareholders through the rights issue.
- Renuka Sugars to consider issuance of rights shares on February 27Renuka said its board of directors would meet on Feb 27 to consider a proposal to issues shares to existing shareholders through rights iss...
- Shree Renuka Sugars slips 10% on fears of equity dilution after Wilmar dealShares of Shree Renuka Sugars slipped by as much as 10 per cent intra-day on Friday.
- Shree Renuka Sugars ends 6% down on Wilmar deal: To sell the stock or not?The deal will surely bring in relief for the company, but it leaves nothing for shareholders as the stake sale is at 10% discount to curren...
- Wilmar International buys Shree Renuka Sugars stake for Rs 1,200 croreWilmar International, the world’s largest palm oil manufacturer, has acquired a strategic stake in Shree Renuka Sugars Ltd for Rs 1,200 cro...
- Shree Renuka Sugars to sell fresh shares to Wilmar International for Rs 517 croreThe company's board of directors today approved issue and allotment of up to 25,74,91,592 equity shares for a price of Rs 20.08 per share.
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