Whirlpool of India Limited CC-Feb26.pdf · 2026-02-12
Hello! My first question was sir, that the corporation earlier had given an intention that they want to reduce the stake to 20% by December, right? Now they have sold a bit of it and it still stands at 40%. My question is that, is there any change to the timeline where they want to divest and whether they have said anything about divesting 20% or has that changed as well? And what are the constraints that you guys are seeing in terms of regulatory constraints, the valuation constraints that are delaying the execution?
Yes. So, on the other side, the main intention of the stake sale was that, we will get more operational flexibility, we will be able to focus more on the India business while without much interest. Given that they sold some kind of a stake in the open market, have we seen any autonomy or freedom post that in how we make decisions, in how the board works or has there been any reconstitution in the board?