Welspun India acquires 13.03% equity stake in Welspun Retail

02 Feb 2013

Welspun India has acquired 13.03% equity stake in Welspun Retail through the company’s wholly owned subsidiary. Welspun Retail is a subsidiary company of Welspun India. Pursuant to this transaction, the effective shareholding of the company in Welspun Retail stands at 98.03%.

Welspun India manufactures home textile products in bed and bath segments such as bed linen, basic bedding, decorative bedding, terry towels, rugs and yarn.

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