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Welspun Enterprises gets nod to sell entire stake in two subsidiaries

27 Mar 2025 Evaluate

Welspun Enterprises’ board has approved the sale of company’s entire stake in its non-operative wholly owned subsidiaries -- Kim Mandvi Corridor (Formerly known as Welspun Project (Kim Mandvi Corridor)) and Buildtech Projects & Infra (Formerly known as Welspun Build-Tech) to Sherry Exports. The transaction is expected to be completed on or before March 31, 2025. The company will receive total sale consideration of Rs 4.48 lakh from the transactions. The Board of Directors of the company at its meeting held on March 27, 2025, has considered and approved the same.

Welspun Enterprises (WEL) (Formerly known as Welspun Projects), part of the Welspun Group, is an operating Company as well as a holding company. The Company’s key activity is in the infrastructure business.


Welspun Enterprises Share Price

483.65 17.70 (3.80%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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