WELSPUN CORP PROMOTER OFFLOADS SHARES VIA BLOCK DEALS

Welspun Investments and Commercials, a promoter group entity of Welspun Corp, sold shares worth ₹1,365 crore in the large-diameter pipes manufacturer through open-market transactions on August 26. The stake sale was largely absorbed by institutional investors, with Capital Group and Aberdeen Group together acquiring more than 2% of the company. According to block deal data published by the National Stock Exchange, Welspun Investments and Commercials sold 60 lakh shares, representing 2.27% of Welspun Corp’s paid-up equity. Capital Group and Aberdeen Group accounted for around 86% of the shares sold by Welspun Investments and Mathur. Smallcap World Fund, managed by Capital Group, held a 1.48% stake in Welspun Corp as of June 2026. Quant Mutual Fund also increased its holding by purchasing 3.69 lakh shares. Quant Small Cap Fund held a 1.95% stake in Welspun Corp as of June 2026. Meanwhile, Edelweiss Life Insurance Company and Edelweiss Mutual Fund jointly acquired 4.83 lakh shares for approximately ₹110 crore. Welspun Corp shares closed at ₹2,306.70 on the NSE on August 26, down 1.65%, amid heavy trading volumes.