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Whirlpool of India Shares Surge 20% on Stake Sale Reports

By Business DeskWhirlpool of India Shares Surge 20% on Stake Sale Reports

Whirlpool of India shares hit the 20% upper circuit on BSE following reports that Whirlpool Mauritius plans to sell its remaining 39.76% stake.

Whirlpool of India’s stock experienced a significant rally, climbing 20% to reach the upper circuit on the BSE on September 23, 2026. This surge was driven by market speculation regarding a potential stake sale by the company’s promoter, Whirlpool Mauritius.

Key Figures And Stake Details

  • Stock Move: Up 20% to upper circuit
  • Date: September 23, 2026
  • Exchange: BSE
  • Stake for Sale: 39.76%
  • Previous Holding Reduction: 75% to current level

Reports indicate that the promoter is looking to divest its entire remaining 39.76% stake. The deal is reportedly in its final stages with an announcement expected soon.

Potential Buyers And Historical Context

  • Potential Buyers: Large investors and a major multinational consumer durables company
  • Trend: Multi-year trend of promoter reducing its holding

This potential transaction follows a multi-year trend of the promoter reducing its holding from 75% to its current level. Potential buyers are said to include large investors and a major multinational consumer durables company.

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