Skip to main content

MoneyWorks4Me

Welspun Living gets nod to sell 100% stake held in Welspun Home Solutions

03 Dec 2024 Evaluate

Welspun Living has received Board of Directors’ approval for the sale of 100% equity shares of Welspun Home Solutions, a wholly owned subsidiary of the company to Welspun Advanced Materials (India), a wholly owned subsidiary of the company. On completion of the aforesaid sale, Welspun Home Solutions shall cease to be a wholly owned subsidiary of the Company and shall become a stepdown wholly owned subsidiary of the company.

Welspun Living (Formerly known as Welspun India) is one of the largest manufacturers and exporters of bed & bath textile products globally. The company’s portfolio comprises wide range of home textile products such as terry towels, bed linen (basic bedding and decorative bedding) rugs and bathrobes.


Peers
Company Name CMP
Vardhman Textiles 528.80
Welspun Living 249.65
Arvind 508.40
Raymond Lifestyle 551.50
K.P.R. Mill 1158.40
View more..