Who is the Owner of Adani Wiliamer?

Adani Wilmar Limited, a fusion of the renowned Adani Group and the esteemed Wilmar Group, both stalwarts in the agribusiness domain of India and Asia, was established in 1999. Nestled in the vibrant city of Ahmedabad, Gujarat, India, this conglomerate has since soared to prominence.

The Adani Group, a multinational behemoth, boasts diverse interests spanning transportation, energy, mining, utilities, and airport management. On the other hand, the Wilmar Group, a stalwart in the agribusiness sector, excels in palm oil, edible oils, sugar, and various agricultural products.

At the helm of the edible oil sector in India, Adani Wilmar reigns supreme. Under its aegis, an array of prestigious edible oil brands, including Fortune, King's Choice, and Aadhar, grace the market. Additionally, the conglomerate extends its influence to encompass a broader spectrum of food products, featuring rice, flour, and sugar.

In the stock market realm, Adani Wilmar stands proudly listed on the National Stock Exchange of India and the Bombay Stock Exchange, under the stewardship of its major stakeholders, the Adani Group and the Wilmar Group.

The owner of Adani Wilmar is someone that can be easily identified by his or her name, Angshu Mallik. The company was established in 2008.

Adani Wilmar offers a variety of services to customers all over the world, with an emphasis on financial management and accounting services in Australia. Their clientele includes small business owners, individuals and entities such as "professional firms" and "private companies". The site consists mainly of blog posts related to business topics from all around the world. They also offer personal finance news from countries in North America, Europe and Asia.

Also read:- What is the main reason for the high of Adani Power?

Angshu Mallik, the proprietor of Adani Wilmar, has been an integral part of the company since its inception in 1999. Over the years, he ascended from the role of Deputy General Manager to his current position as the helm of the organization. Mallik's visionary leadership played a pivotal role in propelling Fortune to the zenith of India's edible oil brands, achieving this feat in a mere 20 months since its launch. His astute insights have been the cornerstone of Fortune's enduring dominance in the market.

Before joining Adani Wilmar, Mallik held a significant position at the National Dairy Development Board (NDDB), spearheading operations at Dhara. Prior to that, he honed his expertise at the Gujarat Co-Operative Milk Marketing Federation (Amul) in Anand, gaining invaluable experience in sales, marketing, distribution, and exports.

In terms of ownership, the Kuok Group, a family-held shareholding company, stands as the largest shareholder of Wilmar, closely followed by Kuok Khoon Hong. Notably, Wilmar commands a prominent position among the largest listed companies by market capitalization on the Singapore Exchange.