- Welspun Living Limited (NSE: WELSPUNLIV | BSE: 514162) has cancelled its planned purchase of 48,599 equity shares (representing 26 % of paid‑up equity) of Clean Max Dhyuthi Private Limited for Rs 760 lakhs.
- The deal, first disclosed on 15 May 2026, priced the shares at Rs 10 each and was slated to close on 31 August 2026.
- Cancellation was mutually agreed with seller Welspun Corp Limited due to “current demand, supply, and power availability” at the project location.
- The termination was filed with both the BSE and NSE on 31 August 2026, signed digitally by Company Secretary Shraddha Popat.
The cancellation of the ₹760 lakh stake purchase is likely to give Welspun Living a modest short‑term boost as cash is preserved and no dilution occurs, though the loss of a growth avenue tempers the upside.
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