The planned IPO if Wilmar International’s joint venture in India is moving ahead, just over a month after regulators put it on hold.

In a market announcement on Sept 27, Wilmar notes that the processing status of the JV, Adani Wilmar, as shown on the website of the Securities and Exchange Board of India, has been changed to “under process”.

The draft prospectus, with plans to raise some US$605 million, was filed on Aug 2.

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