Whirlpool Corporation to further reduce its stake in Whirlpool India

On November 27, 2025, Whirlpool Corporation's (the "Company") wholly-owned subsidiary, Whirlpool Mauritius Limited ("Seller"), executed the sale of 14,255,000 equity shares of the Company's publicly listed Whirlpool of India Limited subsidiary ("Whirlpool India") via an on-market trade. The transaction reduces Seller's ownership in Whirlpool India from 51% to approximately 40%, and generated gross sales proceeds of approximately $166 million on settlement, which occurred on November 28, 2025. The Company continues to evaluate all transaction options to further reduce its equity stake in Whirlpool India in line with its prior-stated equity reduction goal by the end of the first half of 2026. The Company expects to use transaction proceeds to reduce debt.

Shares of Whirlpool of India Limited was last trading in BSE at Rs. 1076.95 as compared to the previous close of Rs. 1063.85. The total number of shares traded during the day was 153420 in over 10816 trades.

The stock hit an intraday high of Rs. 1085.00 and intraday low of 1063.00. The net turnover during the day was Rs. 164943824.00.

Source : Equity Bulls

Keywords

WhirlpoolCorporation StakeSale WhirlpoolofIndia INE716A01013 ConsumerElectronics