On Tuesday, CNBC-TV18 reported, citing sources that promoter group Welspun Investments and Commercials and CEO-MD Vipul Mathur were looking at selling around 63 lakh shares, or around 2.4% equity, of the firm, worth as much as ₹1,417 crore in block deals. The offer price was set at ₹2,250 per share, sources said.
