Welspun Specialty Solution has reported that MGN Agro Properties Private Limited has completely disposed of its shareholding in the company. The sale involved a 2.82% stake through open market transactions. This disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The disposal involved the sale of 1,86,66,666 equity shares, representing 2.82% of Welspun Specialty Solutions' total share capital. The transaction was completed on December 22, 2025, through open market sales.

Shareholding Position

Prior to this transaction, MGN Agro Properties held 1,86,66,666 shares carrying voting rights, constituting 2.82% of both the total share capital and diluted share capital of Welspun Specialty Solutions. The company did not hold any shares in the nature of encumbrance, voting rights otherwise than by shares, or any warrants or convertible securities.

Company Capital Structure

Welspun Specialty Solutions' equity share capital remains unchanged at ₹3,97,56,68,670, comprising 66,26,11,445 equity shares of ₹6.00 each. The total diluted share capital also stands at the same level, indicating no outstanding convertible instruments that would affect the shareholding calculations.

Regulatory Compliance

The disclosure was made by Harish Chandra Gupta, Director of MGN Agro Properties Private Limited (DIN: 07559832), in compliance with SEBI regulations governing substantial acquisitions and disposals. MGN Agro Properties, identified as part of the promoter/promoter group, has fulfilled its regulatory obligations by notifying both BSE Limited and Welspun Specialty Solutions about this complete divestment.

This transaction represents a complete exit by MGN Agro Properties from its investment in Welspun Specialty Solutions, reducing the promoter group's overall shareholding in the company by 2.82%.

Welspun Corp Limited has announced a substantial acquisition of equity shares, increasing its shareholding percentage through open market purchases as disclosed in its regulatory filing.

Share Acquisition Details

Welspun Corp Limited acquired 2.72 crore shares through open market purchases, raising its shareholding from 51.06% to 55.17%. The company acquired 2,72,39,744 equity shares carrying voting rights through open market transactions. This acquisition represents 4.11% of the total share capital and voting rights of the company.

Capital Structure

The company's equity share capital structure remained unchanged following the transaction:

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that Welspun Corp Limited operates as a promoter/promoter group entity in this transaction.

Transaction Methodology

The shares were acquired exclusively through open market purchases, with no involvement of off-market transactions, public issues, rights issues, or preferential allotments. The company reported no encumbrances, pledges, or liens on the acquired shares.

Corporate Information

Welspun Corp Limited, incorporated under the Corporate Identity Number L27100GJ1995PLC025609, maintains its registered office at Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat. The disclosure was signed by Kamal Rathi, Company Secretary and Compliance Officer, from the company's Mumbai corporate office.