Welspun Corp Limited — Board Meeting, 05-02-2025: Outcome of Board Meeting

The Board has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. Key figures reveal total income of ₹3670.12 Cr for Q3, while net profit stands at ₹672.19 Cr. Additionally, the sale of 1,900 shares (19% stake) in Welassure Private Limited to Rakshak Securitas Private Limited was sanctioned. The Board also authorized a proposed investment of up to ₹250 Cr in its subsidiary, Welspun Specialty Solutions Limited, as part of an upcoming rights issue.