Board of Welspun Enterprises reviews on investment in Welspun Financial Services
At meeting held on 19 December 2017
The Board of Welspun Enterprises at its meeting on 19 December 2017 reviewed their earlier decision of investing into Welspun Financial Services (WFSL) and decided to remain focussed on infrastructure space and not to invest in the yet-to-be-operational WFSL. WEL has invested till date Rs. 1.35 crore for its 60% stake in WFSL, which would be transferred to the Welspun Promoter Group at book valuePowered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Dec 19 2017 | 4:10 PM IST