Smart Money Alert

Welspun Corp Limited

DecreasedSAST

WELCORPIron & Steel ProductsMarket Cap₹62K Cr

Stake

2.56% → 0.29%

Deal value

₹1384.02 Cr

60.00 L

Trade date

26 Aug 2026

Since alert−2.6%₹2,405.80 → ₹2,342.60

Nifty 50−5.5%

Welspun Investments and Commercials Limited

Promoter

The move

Welspun Investments and Commercials Limited (Promoter Group) sold 60 lakh shares of Welspun Corp for ₹1383.99 Cr via a block sale, decreasing its stake from 2.56% to 0.29%.

About Welspun Corp Limited

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One of the world's largest manufacturers of large diameter pipes, Welspun Corp produces steel billets, TMT rebars, ductile iron pipes, stainless steel pipes, tubes, and bars for diverse industrial applications. The company expanded into building materials through acquiring Sintex-BAPL, a market leader in water tanks and plastic products. It also made a strategic acquisition of specified assets from ABG Shipyard to strengthen its industrial presence.

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More moves in Welspun Corp Limited

DSP Mutual FundExited

DSP Mutual Fund is no longer listed among Welspun Corp Limited's major shareholders. Having last reported a 1.14 percent stake, DSP Mutual Fund has either exited completely or trimmed its position below the 1 percent regulatory reporting threshold.

20 Oct 2026

Axis Mutual FundDecreased

Axis Mutual Fund reduced its stake in Welspun Corp from 1.70% to 1.62% by selling 2,20,881 shares.