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Board of Welspun India approves sale of two subsidiaries

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Capital Market
Last Updated : Nov 21 2022 | 8:04 PM IST

At meeting held on 21 November 2022

The Board of Welspun India at its meeting held on 21 November 2022 has approved sale / transfer of its wholly owned subsidiary companies named Welspun Innovative Products and Easygo Textiles to MGN Agro Properties, a promoter group company. These WOSs presently don't have any active business nor do we have any plan for them and hence, the Company has decided to exit.

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First Published: Nov 21 2022 | 7:54 PM IST

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