Welspun Infra Developers picks 0.57% stake in Welspun India for Rs 6 crore

Welspun Infra Developers has purchased 0.57% stake in Welspun India, the home textile manufacturer. It has bought 578,348 equity shares of Welspun India at Rs 101.47 a piece via block deal that was worth nearly Rs 6 crore. The shares were purchased on the National Stock Exchange (NSE) on February 28, 2014.

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