Welspun Investments Sells 2.27% Stake in Welspun Corp

Welspun Investments and Commercials Limited has disposed of 60,00,000 equity shares, representing 2.27% of the total share capital, in Welspun Corp Limited through a block deal. This transaction reduces Welspun Investments' holding in Welspun Corp to 7,58,000 shares, or 0.29% of the total share capital. The seller is part of the promoter group of the target company. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.