Welspun Corp increases stake in subsidiary Welspun Specialty Solutions

Welspun Corp Limited has finalized the acquisition of 27,239,744 equity shares, representing a 4.11% stake, in its subsidiary Welspun Specialty Solutions Limited (WSSL). The transaction, completed today via a block deal, involved shares purchased from existing Promoter Group entities MGN Agro Properties Private Limited and Welspun Group Master Trust. The total consideration for this acquisition amounted to approximately Rs. 108.96 crores.

This strategic move increases Welspun Corp's equity shareholding in WSSL from 51.06% to 55.17%. The company noted that the aggregate holding of the Promoter and Promoter Group remained unchanged following this transaction.

The acquisition aligns with previous disclosures made on October 30, 2025, and adheres to Regulation 30 of the SEBI Listing Regulations.