Welspun Corp shares drop 6% after CEO, promoter group likely sell stake worth Rs 1,433 crore via block dea
- Posted on August 26, 2026
- By Business News Today
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Welspun Corp shares drop 6% after CEO, promoter group likely sell stake worth Rs 1,433 crore via block dea
Welspun Corp shares fell sharply on Wednesday after 63 lakh shares worth Rs 1,433 crore changed hands in a block deal. Promoter group entity Welspun Investments and Commercials and CEO Vipul Mathur were likely sellers. The transaction represented about 2.4% of the companys outstanding shares and came after a sharp rally.
