19 Apr 2025

AWL Agri Business Rises Slightly; Acquires Majority Stake in G.D. Foods Manufacturing

AWL Agri Business is currently 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 has touched an intraday high of RS. 287.20 and a low of RS. 281.00. A total of 1,32,808 shares have been traded so far.

Classified under BSE group 'A', the stock has a face value of RS. 1. It recorded 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 has ranged between RS. 287.20 and RS. 271.60. The company’s market capitalization currently stands at RS. 36,975.86 crore.

The shareholding pattern shows promoters holding 74.36%, while institutional investors and non-institutional investors hold 13.22% and 12.42%, respectively.

In a significant 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 of the company.

This acquisition follows a definitive agreement announced earlier, wherein AWL Agri Business planned to acquire 80% of the shares in the first tranche and the remaining 20% over the next three years. The move is aimed at enhancing the company’s presence in the kitchen essentials market by adding a wide range of value-added food products to its portfolio.

AWL Agri Business is one of India’s prominent FMCG food companies, offering essential kitchen commodities such as edible oil, wheat flour, rice, pulses, and sugar.