Welspun Corp’s promoter has increased its holding in the company by buying 50,000 shares through open market. Krishiraj Trading has purchased 30,572 shares on the BSE and 22,926 shares on the NSE at an average price of Rs 35.90.
Post acquisition, total holding of Krishiraj Trading in the company increased to 31.59% from 31.57%.
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.
