| Opening of Offer for Sale for Adani Wilmar Limited (the "Company") (Oversubscription Notice) |
This is in continuation of the Exchange notice no. 20250109-24 dated 09 January, 2025 for Offer, whereby Adani Commodities LLP, (the “Seller”), one of the Promoters of (the "Company") proposes to sell up to 17,54,56,612 Equity Shares of face value Rs 1/- each of Adani Wilmar Limited (the "Company") (representing 13.50% of the total issued and paid up Equity Share capital of the Company) ("Base offer Size); on January 10, 2025 (“T day") (for non-Retail investors only) and on January 13, 2025 (“T+ 1 Day") (for Retail Investors and for non-Retail Investors who choose to carry forward their un-allotted bids from T day) with an option to additionally sell 8,44,79,110 (representing 6.50% of the total issued and paid up Equity Share capital of the Company) (the “Oversubscription Option") and in the event that the Oversubscription Option is exercised, the Equity Shares forming part of the Base Offer Size and the Oversubscription Option will represent 20.00% of the total issued and paid up Equity Share capital of the Company (held in dematerialized form in demat accounts with the relevant depository participant), i.e. 25,99,35,722 Equity Shares, and will collectively, hereinafter be referred to as “Offer Shares” while in the event that such Oversubscription Option is not exercised, the Equity Shares forming part of the Base Offer Size will hereinafter be referred to as “Offer Shares”) through a separate, designated window of BSE and NSE (together with BSE, the “Stock Exchanges”) and such offer hereinafter will be referred as the “Offer”.
In this regard, we wish to intimate the Stock Exchanges of our intention to exercise the Oversubscription Option in the Offer to the extent of 1,96,29,910 Equity Shares (representing 1.51% of the total issued and paid-up Equity Share capital of the Company) in addition to 17,54,56,612 Equity Shares (representing 13.50% of the total issued and paid-up Equity Share capital of the Company) forming part of the Base Offer Size. Accordingly, the aggregate number of Offer Shares will be up to 19,50,86,522 Equity Shares (representing 15.01% of the total issued and paid-up Equity Share capital of the Company) of which, up to 1,95,08,653 Equity Shares (representing 1.50% of the total issued and paid up Equity Share capital of the Company) would be reserved for allocation to Retail Investors.
The copy of letter dated January 10, 2025 is attached for your reference.
Mangesh Tayde
Deputy General Manager
Listing Business Relationship
January 10, 2025 |