Welspun India on Thursday announced that it has acquired 26% stake in Clean Max Thanos (CTPL) for Rs 3.80 crore to get renewable energy under captive structure. In an exchange filing, the company said, As a part of environmental, social, and governance (ESG) journey, the company has entered into an arrangement for supply of renewable […]
Outcome of board meeting of Welspun India – EQ Mag Pro
The Board of Welspun India at its meeting held on 10 May 2022 has approved the following businesses: In pursuit of sustainability mandate under ESG framework of the Company, the Board has approved investment in equity shares at par upto Rs. 31 Crore to acquire upto 26% equity share capital of a proposed SPV for […]
Welspun India to invest Rs 800 cr on capacity enhancement over next two years – EQ Mag Pro
While for its Vapi, Valsad (Gujarat) based plant, the board has approved additional investment relating to automation for faster production turnaround at lower cost. New Delhi : Welspun India has said it is looking to invest around Rs 800 crore on capacity expansion of its home textiles and flooring businesses over the next two years. […]