Adani Enterprises cancels demerger of stake in Adani Wilmar till it meets public float rules

Adani Enterprises has reversed its decision to spin off Adani Wilmar's shareholding, requiring the FMCG unit to meet public shareholding norms first. The board also approved raising ₹2,000 crore through non-convertible debentures, amid a surge in profits driven by emerging businesses.
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