WILMAR INTERNATIONAL LIMITED
(Incorporated in the Republic of Singapore)
(Company Registration No.: 199904785Z)
UPDATE ON PROPOSED INITIAL PUBLIC OFFERING OF ADANI WILMAR LIMITED
Wilmar International Limited ("Wilmar" or the "Company") wishes to advise shareholders and investors that the Securities and Exchange Board of India ("SEBI") has today updated its website on the Processing Status of Draft Offer Documents (as on September 24, 2021)" to reflect that the status of the draft red herring prospectus ("DRHP") submitted by Adani Wilmar Limited ("AWL"), a 50:50 joint venture company between the Adani group and the Wilmar group, in relation to AWL's proposed Initial Public Offering ("IPO") on BSE Limited and National Stock Exchange of India Limited, is now "under process". This update on the processing status of AWL's DRHP on SEBI's website can be accessed at the following link:
SEBI | Processing Status : Issues
Shareholders and investors are advised to take note that the proposed listing of AWL and issue price of the IPO shares are subject to many factors, including but not limited to the book building process under Indian regulations, receipt of applicable approvals and external factors such as price/earnings ratio, level of investor interest, prevailing market conditions and certain other considerations. As there is no assurance that the proposed listing will proceed, shareholders and investors are advised to exercise caution when dealing with the securities of the Company.
The Company will make further announcements of any material developments on this matter as and when appropriate.
WILMAR INTERNATIONAL LIMITED 27 September 2021
Wilmar International Limited published this content on 27 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2021 13:41:01 UTC.