AWL Agri Business rises on collaborating with SRSL to grow packaged foods business
AWL Agri Business is currently trading at Rs. 194.80, up by 1.40 points or 0.72% from its previous closing of Rs. 193.40 on the BSE.
The scrip opened at Rs. 194.00 and has touched a high and low of Rs. 195.45 and Rs. 192.85 respectively. So far 57939 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 285.40 on 18-Jul-2025 and a 52 week low of Rs. 171.20 on 16-Mar-2026.
Last one week high and low of the scrip stood at Rs. 216.00 and Rs. 192.45 respectively. The current market cap of the company is Rs. 25161.78 crore.
The promoters holding in the company stood at 56.94%, while Institutions and Non-Institutions held 30.23% and 12.83% respectively.
AWL Agri Business has entered into a strategic arrangement with Shree Renuka Sugars (SRSL) to further strengthen market reach and accelerate growth in the packaged foods business.
Under this arrangement, SRSL will license its flagship brand ‘Madhur’ to the company, enabling the brand to leverage the extensive pan-India distribution, marketing capabilities and scale in the packaged food business of the company. The company will undertake the sales, marketing and distribution of the refined sugar under ‘Madhur’ brand.
The brand is licensed to the company under a mutually agreed royalty arrangement between the company and SRSL, in accordance with the licensing agreement. This arrangement will enable the company to access SRSL’s existing distribution network, which can also be leveraged over time to expand the reach of ‘Fortune’ products. The addition of the brand ‘Madhur’ will further accelerate the scale and growth of the company’s Food & FMCG segment, while also strengthening its position in the branded sugar business.
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