The board meeting outcome notice issued by Welspun Living Limited details two major strategic approvals: the transfer of its 51% stake in Welspun Captive Power Generation Limited (WCPGL) to promoter group company Welspun Corp Limited for Rs. 67.66 Crores[cite: 1], and a capital expenditure of Rs. 121 Crores for a de-bottlenecking and modernization project at its Anjar facility. The transaction, expected to be completed by August 31, 2026, shifts WCPGL from a subsidiary to an associate company as part of the company’s broader push toward green and renewable energy adoption.

The divestment of WCPGL involves transferring 1,50,64,213 equity shares on an arm’s length basis, aligning with Welspun Living’s continuous strategic realignment of its power sourcing and asset portfolio[cite: 1]. During the previous financial year ending March 31, 2026, WCPGL recorded a turnover and revenue of Rs. 109.95 Crores, contributing 1.17% to the total revenue of Welspun Living, alongside a net worth of Rs. 196.00 Crores[cite: 1]. Concurrently, the approved capital expenditure of Rs. 121 Crores for the Anjar facility is aimed at replacing aging infrastructure with advanced technology to better accommodate evolving market demands and optimize operational efficiency.

Welspun Living Limited is a prominent player in home textiles and flooring solutions, manufacturing bed linen, bath linen, rugs, and advanced technical textiles under various domestic and international brands. In late 2025, the group actively expanded its footprint across sectors, highlighted by significant strategic developments within its water infrastructure subsidiary Sintex, which celebrated major operational milestones and brand expansions. The company continues to focus on strengthening its sustainable manufacturing framework, scaling up green energy procurement, and enhancing asset productivity across its core operating verticals.

For the financial quarter ending September 30, 2025, Welspun Living reported a net profit of Rs. 98 Crores. Institutional investor backing remains robust, with prominent foreign and domestic institutional investors holding significant stakes alongside promoter group entities that maintain a majority holding exceeding 66%. The management remains focused on optimizing capital allocation, driving margin resilience through operational efficiencies, and expanding high-growth product categories globally.

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