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Board of Welspun Enterprises reviews on investment in Welspun Financial Services

Capital Market 

At meeting held on 19 December 2017

The Board of at its meeting on 19 December 2017 reviewed their earlier decision of investing into (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 at book value

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, December 19 2017. 16:10 IST