Welspun Captive Power Generation Stake Transfer Completed; Subsidiary Changes Status to Associate Company
Welspun Living Limited has confirmed the completion of a significant equity transfer involving its subsidiary, Welspun Captive Power Generation Limited (WCPGL). The transaction saw a promoter group company, Welspun Corp Limited (WCL), acquire a stake in WCPGL.The transfer involved 150,64,213 equity shares of WCPGL, valued at Rs. 10/- each. This share transfer was completed on July 31, 2026, with Welspun Corp Limited acquiring the shares for a consideration of Rs. 67.65 Crores.
Following this transaction, the company confirmed that WCPGL will cease to be a Subsidiary of the issuer and its status will change to an Associate Company.
WELSPUNLIV Stock Price Movement
Shares of Welspun Living Limited slipped by 2.65% to settle at ₹155.94 today after trading finished. The stock saw a volume of 1,448,002 shares during the session, staying within an intraday range of ₹155.21 to ₹160.6.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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