18 Apr 2025

AWL Agri Business Rises to RS. 284.40; Acquires 80% Stake in G.D. Foods Manufacturing

AWL Agri Business is trading at RS. 284.40, up by 1.35 points or 0.48% from its previous close of RS. 283.05 on the BSE.

The stock opened at RS. 282.75 and moved between a high of RS. 287.20 and a low of RS. 281.00 during the session. A total of 1,32,808 shares were traded so far.

Classified under BSE group 'A', the stock with a face value of RS. 1 has registered a 52-week high of RS. 404.00 on August 8, 2024, and a 52-week low of RS. 231.55 on February 17, 2025. Over the past week, the scrip traded between RS. 287.20 and RS. 271.60. The company’s current market capitalization stands at RS. 36,975.86 crore.

Promoters hold a 74.36% stake in the company, while institutional and non-institutional investors own 13.22% and 12.42% respectively.

In a major strategic development, AWL Agri Business has acquired 80% of the issued and paid-up equity share capital of G.D. Foods Manufacturing (India), making it a subsidiary. This follows the company’s earlier announcement of a definitive agreement to acquire the firm in multiple tranches — starting with an 80% stake in the first tranche, and the remaining 20% to be acquired over the next three years.

The acquisition is part of AWL Agri Business’s strategy to strengthen its presence in Indian kitchens by expanding its range of value-added food products.

AWL Agri Business is among the few large FMCG food companies in India offering a comprehensive range of kitchen essentials including edible oil, wheat flour, rice, pulses, and sugar.