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ā¢ Whirlpool of India Ltd.'s holding company has sold up to 24% stake in the company, with proceeds expected to be used for debt repayment.
ā¢ The holding company currently maintains a 75% ownership interest in Whirlpool India and intends to retain a majority interest after the transaction.
ā¢ Whirlpool of India has reported a 5.6% fall in Q2 consolidated total revenue and a 22% decline in profit.