StockWatch
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Other Textile Products
Shareholding24 Sept 2026, 10:24 pm

Welspun Living: Balkrishan Goenka Sells 2.59% Stake via Block Deal

AI Summary

Balkrishan Goenka, Trustee of Welspun Group Master Trust, has sold 2,44,71,102 equity shares of Welspun Living Limited, representing 2.59% of the total share capital, through a block deal on the stock exchange. The transaction reduces his holding from 65.85% to 63.26%. This sale by a promoter group entity is a significant movement in the company's shareholding structure.

Key Highlights

  • Promoter group entity sold 2.59% stake in Welspun Living.
  • Transaction involved 2,44,71,102 equity shares via block deal.
  • Holding reduced from 65.85% to 63.26% post-sale.
  • Sale executed by Balkrishan Goenka, Trustee of Welspun Group Master Trust.