Welspun Living Promoters Tender 0.88% Shares in Buyback
Balkrishan Goenka and other members of Welspun Living Ltd.'s promoter and promoter group disposed of 8,409,999 equity shares, representing 0.88% of the company's total pre-buyback share capital. This disposal was executed by tendering shares in the buyback offer made by Welspun Living Limited. Following this transaction and the overall reduction in the company's paid-up capital due to the buyback, the promoter and promoter group's total shareholding percentage in Welspun Living increased from 65.88% to 65.99%.
Key Highlights
- Welspun Living promoters disposed of 8,409,999 shares.
- Shares were tendered as part of the company's buyback offer.
- The disposal represented 0.88% of pre-buyback share capital.
- Promoter group's holding increased from 65.88% to 65.99% post-buyback.
Price Impact
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