
Divestment25 Aug 2026, 08:00 pm
Welspun Investments to Divest Up to 67.58 Lakh Shares in Welspun Corp
AI Summary
Welspun Investments and Commercials Ltd announced that its Board of Directors has approved the divestment of up to 67,58,000 equity shares held in Welspun Corp Limited. The divestment will be conducted at a floor price of INR 2,250 per equity share. The company stated that further disclosures and details will be provided upon completion of the sale. The Board meeting took place on August 25, 2026, commencing at 4:15 p.m. and concluding at 5:00 p.m.
Key Highlights
- Board approves divestment of up to 67.58 lakh shares in Welspun Corp.
- Floor price set at INR 2,250 per equity share.
- Further details to be disclosed upon sale completion.
- Board meeting held on August 25, 2026.
Price Impact
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