Genesis Asset Managers A/C Genesis Indian Investment Company has sold 13,39,444 shares of Welspun Corp in an open market transaction. The shares were sold at Rs 107.53 a piece on National Stock Exchange (NSE) on December 05, 2012.
Welspun Corp, the flagship company of the $3.5 billion Welspun Group, is one stop service provider offering complete pipe solution with a capability to manufacture line pipes ranging from half inch to 120 inches, along with specialized coating, double jointing and bending.