Welspun Living Limited has announced the completion of the transfer of 1,50,64,213 equity shares of Welspun Captive Power Generation Limited (WCPGL) to Welspun Corp Limited. This transaction, valued at ₹67.65 crore, means WCPGL will no longer be a subsidiary of Welspun Living, transitioning to an associate company. The transfer was finalized on July 31, 2026.
Share Transfer and Status Change
Welspun Living Limited has completed a significant transaction involving its subsidiary, Welspun Captive Power Generation Limited (WCPGL). On July 31, 2026, the company finalized the transfer of 1,50,64,213 equity shares of WCPGL to Welspun Corp Limited. These shares represent approximately 51% of WCPGL’s total paid-up equity share capital.
Transaction Details and Financial Impact
The total consideration for this share transfer amounted to ₹67.65 crore (Rupees Sixty-Seven Crore and Sixty-Five Lakhs Only). As a direct consequence of this transfer, Welspun Captive Power Generation Limited (WCPGL) will cease to be a subsidiary of Welspun Living Limited. It will now be classified as an associate company for Welspun Living.
Source: BSE
