Introduction:
Leading Adani group company has announced the acquisition of GD Foods, strengthening its presence in the food segment. This strategic move enhances its portfolio with high-margin, value-added products, expanding its reach across North India’s retail market and households.
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Share price movement of Adani Wilmar:
On March 5, 2025, Adani Wilmar Ltd opened at ₹245.05, rising 6.30% from its previous close of ₹239.80. The stock reached a high of ₹255.60 and a low of ₹245.05. By 11:09 AM, it traded at ₹254.90, with a market cap of ₹33,076.82 crore.
Adani Wilmar to Acquire GD Foods:
Adani Wilmar Limited (AWL) has announced the acquisition of GD Foods, the owner of the popular “Tops” brand, in a strategic move to expand its food portfolio. The deal will be executed in multiple tranches, with 80% acquired initially and the remaining 20% over three years.
GD Foods, known for its sauces, pickles, and other kitchen essentials, reported ₹386 crore revenue in FY24, growing at a 15% CAGR. This acquisition aligns with AWL’s vision of catering to Indian households by introducing high-margin, value-added food products to its offerings.
Founded in 1984, GD Foods has established a strong presence in North India, with its products available in over 150,000 outlets. With in-house manufacturing facilities at three locations, the company’s addition to AWL’s portfolio is expected to enhance its market reach and profitability.
Recent news on Adani Wilmar:
As of February 25, 2025, Adani Wilmar Ltd has initiated a rebranding effort, changing its name to AWL Agri Business. The decision, approved via an online postal ballot on January 15, reflects the company’s evolving focus within the FMCG sector.
Stock performance of Adani Wilmar for Period of 1 week, 6 months, and 1 year:
Adani Wilmar Ltd has faced a downturn, with its stock declining 6.79% in a week, 33.8% over six months, and 34.5% in a year. The company continues to navigate market challenges while focusing on long-term growth and expansion strategies.
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Shareholding pattern of Adani Wilmar:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 87.90% | 87.90% | 87.90% |
| FII | 1.20% | 1.00% | 0.70% |
| DII | 0.10% | 0% | 0.30% |
| Public | 10.90% | 11.10% | 11.20% |
About Adani Wilmar:
Adani Wilmar Ltd (NSE: AWL) is a leading Food FMCG company in India, offering essential kitchen products under its flagship brand, Fortune. A joint venture of Adani Group and Wilmar Group, it operates 24 plants across 10 states.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
