Welspun Investments and Commercials has approved up to ₹1,285 crore of funding for its wholly owned subsidiary Vishwakarma Realty, which plans to invest up to ₹1,000 crore in promoter group company Indivara Realty. The transactions will be routed through convertible debentures and will be undertaken on an arm’s-length basis, subject to required approvals.Read More
