Whirlpool Mauritius divests 11.23% stake for ₹1,489 crore
after close1 source ↓written by the desknot a recommendation
- in the home
- 11.23% stake
- through an open
- ₹1,489 crore
- sale
- 1.42 crore shares
Whirlpool Mauritius, a promoter of Whirlpool of India, has divested an 11.23% stake in the home appliances maker for ₹1,489 crore through an open market transaction. This involved the sale of over 1.42 crore shares.
The divestment may impact market sentiment for Whirlpool of India, as significant stake sales often indicate strategic shifts or capital reallocation. 📉
Not investment advice. For informational purposes only.