Welspun Corp Ltd acquires Big Shot Infra Facilities Pvt Ltd

Welspun Corp Ltd has acquired entire share capital of Big Shot Infra Facilities Private Limited ("Big Shot"), a newly incorporated company from an unrelated party at a consideration of Rs. 30,000/- with an intention to make it a special purpose vehicle for organic / inorganic growth of the businesses under the objects of the Company. Big Shot presently does not have any material assets or liabilities.

Shares of Welspun Corp Limited was last trading in BSE at Rs. 211.15 as compared to the previous close of Rs. 211.50. The total number of shares traded during the day was 273790 in over 4796 trades.

The stock hit an intraday high of Rs. 216.70 and intraday low of 206.90. The net turnover during the day was Rs. 58220000.00.

Source : Equity Bulls

Keywords

WelspunCorp INE191B01025 BigShotInfraFacilities SPV OrganicGrowth InorganicGrowth