Whirlpool of India Attracts Potential Buyers for Controlling Stake 1 day ago Yesterday
Whirlpool of India, a leading home appliance manufacturer, has reportedly drawn interest from several high-profile potential buyers seeking a controlling stake. The list of interested parties includes Havells India Ltd, Reliance Retail, and unnamed private equity firms. This development could lead to significant changes in the company's ownership and control structure, potentially affecting its business strategy, market focus, and future expansion plans. No official confirmation or details about ongoing negotiations have been provided by Whirlpool of India or the potential acquirers.
Whirlpool of India Shares Tumble as Parent Plans Major Stake Reduction Mar 26, 2025
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04Mar 25
Whirlpool India Forms Committee to Address Parent Company's Potential Stake Reduction
Whirlpool India has established a dedicated committee to assess the implications of its parent company's announced potential sell-down. The committee, comprising key board members, will review and recommend actions, evaluate contractual relationships, and assess transition plans. The company has engaged M/s. AZB & Partners for legal assistance. This move signals Whirlpool India's proactive approach to address potential changes in its ownership structure, with potential impacts on its operations and market position in the Indian home appliance sector.