Welspun India promoters make open offer for 26% stake

Our Bureau Mumbai | Updated on March 12, 2018

The promoters of Welspun India have made an open offer for 2.31 crore shares or 26 per cent stake in the company. The offer price is Rs 54 per share.

The open offer was triggered due to the promoters purchasing 50 lakh shares or 5.61 per cent stake at Rs. 54 each on May 24.

Published on May 30, 2012

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