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Welspun Enterprises Ltd.

BSE: 532553 Sector: Infrastructure
BSE 00:00 | 24 Apr 2020 Welspun Enterprises Ltd
NSE 05:30 | 01 Jan 1970 Welspun Enterprises Ltd

Submission Of Application For Re-Classification Of Promoter(S)

April 7, 2020, 9:51 pm | Source: BSE

Kindly note that pursuant to Regulation 31A of the Securities and Exchange and Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 (Regulations) the Board of Directors of the Company had approved the application made by Intech Metals S.A. (Intech) a foreign co-promoter of the Company for its re-classification from Promoter category to Public category on November 15 2019. The resolution is deemed to be approved and passed on March 31 2020 and the results of which were declared on April 1 2020.

Accordingly the Company has submitted applications with respect to request received from Intech under Regulation 31A of the said Regulations to BSE Limited and The National Stock Exchange of India Limited on April 7 2020.

Kindly take the above mentioned on record.