Dec 31 Reuters India39;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.

The group will sell a 31 stake in Adani Wilmar to its joint venture partner, Singapore39;s Wilmar International, at a maximum of 305 rupees per share, which is a 7.2 discount to the stock39;s closing price on Monday.

Adani Wilmar39;s shares dropped 6.4 to 307.10 rupees in early trading.

The Adani group will sell the remaining 13 stake in the edible oil maker in the open market, it said.

Reporting by Ashna Teresa Britto; Editing by Savio D39;Souza

Source Reuters