Welspun Living promoter group, through Welspun Group Master Trust, disposed of 2.59% equity shares in the company on September 23, 2026, via a block deal on the stock exchanges.

The disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirms the sale of 2,44,71,102 shares by Mr. Balkrishan Goenka, Trustee of the trust. This transaction reduces the promoter group's total holding from 66.36% to 63.77%.

Transaction details

The block deal involved a significant volume of shares changing hands during trading hours. The following table outlines the key parameters of the disposal:

Impact on promoter holding

Prior to this transaction, the Welspun Group Master Trust held 62,20,77,474 shares, representing 65.85% of the company's total share capital. Following the sale of 2.59%, the trust's holding stands at 59,76,06,372 shares, or 63.26%.

When accounting for other members of the Persons Acting in Concert (PAC) within the promoter group, including individual holdings by Dipali Goenka and Radhika Goenka, the total promoter and PAC holding has decreased as follows:

• Pre-transaction holding: 62,69,39,496 shares (66.36%)
• Post-transaction holding: 60,24,68,394 shares (63.77%)

The paid-up capital of the company remains unchanged at ₹94,47,52,514, consisting of 94,47,52,514 equity shares of ₹1 each. The authorized capital also remains constant at ₹4,17,78,56,070.

What the numbers show

The disposal represents a marginal reduction in promoter stake, with the group retaining a dominant majority position above 63%. The transaction size of approximately 2.44 crore shares indicates a structured exit rather than a distress sale, given the block deal mechanism typically used for large, negotiated trades. The slight dip in overall promoter interest to 63.77% keeps the group well within the minimum public shareholding requirements while allowing for liquidity realization.

Welspun Living will attend two scheduled analyst and institutional investor meetings on September 28 and September 29, 2026. The company announced the schedule in compliance with SEBI listing regulations, specifying that these engagements will cover both virtual and physical formats.

The first event is the Bharat Connect Conference: Rising Stars, organised by Arihant Capital Markets. This meeting is scheduled for Monday, September 28, 2026, and will be conducted virtually. It is designated as a group meeting session.

The second event is the PL Capital Mid & Small Cap Conference 2026, themed "Emerging Titans: Unlocking India’s Next Growth Leaders." This conference will take place on Tuesday, September 29, 2026. Unlike the previous day's event, this meeting will be held physically and will include both one-on-one and group discussions.

The company explicitly stated that no Unpublished Price Sensitive Information (UPSI) is proposed to be shared with participants during these interactions. This disclosure aligns with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates transparency in corporate communications with market participants.

The schedule remains subject to changes due to exigencies on the part of the host or the company. Investors are advised to refer to official exchanges for any subsequent updates regarding these corporate communications.