Adani Commodities LLP Sells 13% Stake in AWL Agri Business to Lence Pte. Ltd.

Adani Commodities LLP (ACL), a promoter of AWL Agri Business Limited (formerly known as Adani Wilmar Limited), has sold 168,958,219 equity shares representing 13% of the issued and paid-up equity share capital of the Company to Lence Pte. Ltd., a wholly owned subsidiary of Wilmar International Limited. This sale is pursuant to a termination agreement between ACL, Adani Enterprises Limited, Lence, and the Company, which terminates the shareholders’ agreement dated April 12, 1999, and its subsequent amendments. This transaction has resulted in Lence acquiring sole control of the Company.