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The Economic Times
The Economic Times
Akash Podishetti

Welspun Corp promoter group, CEO to sell up to Rs 1,417 crore stake via block deal

Welspun Corp Ltd's promoter group entity and its managing director and chief executive officer are set to sell up to 63 lakh shares in the company through a secondary market transaction, according to deal terms seen by ET Markets.

The sale could be worth up to Rs 1,417.5 crore at the floor price of Rs 2,250 per share. The floor price is at a discount of about 4.1% to Welspun Corp’s last closing price of Rs 2,345.5 on the NSE on August 25, 2026.

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