Board of Welspun Living approves acquisition of stake in Welspun Corporate Services
India, March 19 -- The board of Welspun Living at its meeting held on 19 March 2026 has approved acquisition of 3,500 equity shares of Rs 10 each of 'Welspun Corporate Services' (WCSL) (formerly known as Welspun Home Textiles) representing 35% of the total paid-up equity share capital of WCSL at a consideration of Rs. 35,000/-. The balance 65% will be acquired by other Welspun Group entities.WCSL is being positioned as a centralized corporate services platform for Welspun Group entities, providing integrated management and support services including human resources, legal, regulatory and compliance, taxation, corporate restructuring, mergers and amalgamations, strategic advisory and other corporate services.The proposed acquisition is inten...
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