Author: Nikita
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India: Welspun awaits SEBI nod to acquire steel biz of Welspun Steel
Welspun Corp (WCL), which had proposed to acquire the steel business of the demerged Welspun Steel (WSL), is awaiting approval under SEBI’s Listing Obligations and Disclosure Requirements, 2015, before filing the scheme with the National Company Law Tribunal (NCLT), the company said.