India's Adani Wilmar fell over 6% in early trade on Tuesday, a day after the Adani Group said it would sell its entire 44% stake in the consumer goods company in a $2 billion deal to focus on strengthening its infrastructure businesses.

Indian billionaire Gautam Adani’s Adani Enterprises is selling its entire stake in Mumbai-listed Adani Wilmar in a $2 billion multi-phased deal with partner Singapore-based Wilmar International.

Adani Group announced its exit from the FMCG joint venture with Wilmar by selling its stake in Adani Wilmar for over USD 2 billion. The sale is part of its strategy to bolster its core infrastructure businesses.

India's Adani group is exiting its consumer goods joint venture with Singapore's Wilmar International in a $2 billion deal as it looks to bolster its infrastructure business. The divestment marks the Indian conglomerate's first major transaction since the U.

The Adani Group is selling its 44% stake in Adani Wilmar to Wilmar International for $2 billion, shifting focus to its core infrastructure business. This deal marks the end of Adani's 25-year foray into staples,