Pursuant to the BTA between Laptev Finance Pvt. Ltd. (the 'Buyer') and the Company (the 'Seller') for sale of Plates and Coil Mill Division ('PCMD Division'), please take note that both the parties to the BTA have reiterated their commitment to consummate the transaction stipulated in the BTA. However, considering the current situation, they have mutually decided to consummate the transaction no later than March 31, 2021. It is pertinent to note that the Company has already received Rs. 25 Crore as an advance for the aforesaid transaction.
Shares of Welspun Corp Limited was last trading in BSE at Rs.65.05 as compared to the previous close of Rs. 68.45. The total number of shares traded during the day was 3799030 in over 87 trades.
The stock hit an intraday high of Rs. 66 and intraday low of 65.05. The net turnover during the day was Rs. 247126911.