Welspun Group Master Trust Buys 9 Lakh Welspun Enterprises Shares, Ups Stake to 56.13%

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Moneycontrol•10-12-2025, 10:17
Welspun Group Master Trust Buys 9 Lakh Welspun Enterprises Shares, Ups Stake to 56.13%
- •Welspun Group Master Trust, a promoter of Welspun Enterprises, acquired 900,000 equity shares (0.65%) of the company.
- •The shares were purchased from the open market on December 8 and 9, 2025.
- •Balkishan Goenka, trustee of Welspun Group Master Trust, executed the share acquisition.
- •The promoter and PAC's total shareholding in Welspun Enterprises increased from 55.48% to 56.13%.
- •The disclosure was made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Why It Matters: Increased promoter stake in Welspun Enterprises signals strong confidence and potential stability.
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