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Business

Welspun Corp shares drop 6% after CEO, promoter group likely sell stake worth Rs 1,433 crore via block deal

The Economic Times ·

Welspun Corp shares fell sharply on Wednesday after 63 lakh shares worth Rs 1,433 crore changed hands in a block deal.

Promoter group entity Welspun Investments and Commercials and CEO Vipul Mathur were likely sellers.

The transaction represented about 2.4% of the company’s outstanding shares and came after a sharp rally.

Read the full article on The Economic Times ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.

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