Welspun Enterprises Limited Completed the acquisition of 50.1% stake in Michigan Engineers Pvt. Ltd. from Authum Investment & Infrastructure Limited and Sansaar Housing Finance Limited.
Welspun Enterprises Limited (NSEI:WELENT) Completed the acquisition of 50.1% stake in Michigan Engineers Pvt. Ltd. from Authum Investment & Infrastructure Limited (BSE:539177) and Sansaar Housing Finance Limited on August 21, 2023. Michigan Engineers Pvt. Ltd reported Total Common equity of INR 2 billion as of March 31, 2023.