News > Adani Wilmar plans Rs 600 crore investment for edible oil and food product expansion

Adani Wilmar plans Rs 600 crore investment for edible oil and food product expansion

This is over and above the ongoing expansion programmes of around Rs 3,400 crore to add capacities across businesses. Adani Wilmar, an equal joint venture between Adani Group and Singapore's Wilmar, also said that promoters need to bring down their stakes in the company to 75% by February next year from the current 88% to meet SEBI's minimum public shareholding norm of 25%. The current market cap is Rs 45,794 crore.