TaxTMI 
TaxTMI 
CCI approves proposed acquisition of 11% to 20% of shareholding of the AWL Agri Business Limited by Lence Pte. Ltd.
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....CI approves proposed acquisition of 11% to 20% of shareholding of the AWL Agri Business Limited by Lence Pte. Ltd.<BR>News and Press Release<BR>Dated:- 12-11-2025<BR><BR>The Competition Commission of ....
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.... India has approved the proposed acquisition of 11% to 20% of shareholding of the AWL Agri Business Limited by Lence Pte. Ltd. AWL Agri Business Limited (formerly - Adani Wilmar Limited) (T....
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....arget) is engaged in FMCG business comprising primarily of edible oil, food, FMCG and Industry essential segments (including soaps, cleaners, etc.). Lence Pte. Ltd. (Acquirer) is a wholly-owned subsi....
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....diary of Wilmar International Limited and belongs to the Wilmar Group. Wilmar Group does not have a direct business presence in India except through the Target and Shree Renuka Sugars Limited (SRS). S....
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....RS is engaged in the business of milling, refining and selling of sugar. The proposed transaction involves acquisition of up to a maximum of 20% of the paid-up equity share capital, and a minimum of ....
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....11% of the paid-up equity share capital of the Target by the Acquirer (Proposed Combination). As on date, the Acquirer already holds 43.94% of the paid-up equity share capital of the Target. Acc....
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....ordingly, post the Proposed Combination, the Acquirer will hold a maximum of 63.94% and a minimum of 54.94% paid-up equity share capital of the Target. Detailed order of the Commission will follow.<B....
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....R> News - Press release - PIB....