The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Balkrishnan Goenka
WELSPLSOL · price
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Awaiting price reaction for this filing.
Mr. Balkrishan Goenka, Trustee of Welspun Group Master Trust (part of the promoter group), sold 85,73,078 equity shares (1.29%) of Welspun Specialty Solutions Ltd in the open market on December 22, 2025. Before the sale, he held 85,73,078 shares (1.29%); after the sale, his direct holding stands at NIL. The transaction was disclosed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The total equity share capital of the company remains Rs. 3,97,56,68,670 (66,26,11,445 shares of Rs. 6 each), unchanged by this transaction.
This is a promoter-group open market sale of 1.29% stake, which is above the 1% disclosure threshold and may be viewed negatively by retail investors as a signal of reduced promoter confidence. However, since the absolute size is relatively small, the broader price impact is likely limited.