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The promoters will sell a stake of up to 1.24 percent of the total paid up equity share capital of the company, aggregating to 16.11 lakh equity shares.
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https://www.moneycontrol.com/news/business/markets/adani-wilmar-shares-fall-as-promoters-plan-to-lower-stake-to-meet-sebi-norms-11955061.html
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