Welspun Investments and Commercials Limited has executed a block deal, disposing of 60,00,000 equity shares, representing 2.27% of the total equity share capital in Welspun Corp Limited. The transaction took place on the floor of the stock exchange on August 26, 2026. This disclosure is made in accordance with SEBI (SAST) Regulations, 2011, providing transparency on the substantial acquisition or disposal of shares.
Block Deal Disclosure
Welspun Investments and Commercials Limited has announced the disposal of a significant stake in Welspun Corp Limited. Through a block deal executed on the floor of the stock exchange on August 26, 2026, the company divested 60,00,000 equity shares of Welspun Corp Limited. This transaction accounts for approximately 2.27% of Welspun Corp’s total equity share capital.
Regulatory Compliance
The disclosure is made as per the requirements of Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The attached disclosure provides a detailed breakdown of the transaction, including shareholding patterns before and after the disposal. Welspun Investments and Commercials Limited stated that the transaction was a ‘Block Sale’ and has been duly recorded.
Shareholding Details
Prior to this disposal, Welspun Investments and Commercials Limited held 67,58,000 shares, representing 2.56% of the total voting capital in Welspun Corp Limited. Following the sale of 60,00,000 shares, their holding has reduced to 7,58,000 shares, which now constitutes 0.29% of the total voting capital.
Source: BSE