Welspun Corp's subsidiary secured a record HFIW pipe order valued at ₹4,000 crore. The order will be executed from their US facility during FY28 and FY29.
Welspun Corp Ltd secured an international order worth ₹2,000 Crore. The counterparty is confidential, and the contract falls within the ordinary course of business.
Welspun Corp's associate, East Pipes Integrated Company, secured a contract from Saudi Aramco valued at approximately ₹2,000 Crore. This project will be executed over six months.
Welspun Corp Ltd's subsidiary, Welspun DI Pipes Limited, is incorporating a new wholly owned subsidiary, 'Welspun Special Coating Private Limited', to undertake pipe coating business activities.
Welspun Corp signed an MOU with Perma-Pipe to establish an integrated pipe manufacturing and coating platform in Jordan. This partnership supports regional infrastructure projects.
Welspun Corp Ltd has completed the incorporation of its associate company, 'Welspun Slagexcel Private Limited', which will manufacture Ground Granulated Blast Furnace Slag (GGBS).
Welspun Investments and Commercials Limited disposed of 60,00,000 equity shares (2.27%) of Welspun Corp Limited via block deal. The transaction reduces the promoter group's stake to 47.46%.
Welspun Corp Limited announced the receipt of a new order from an international client. The order details, including value, remain confidential at this stage.
Welspun Corp Ltd has announced the receipt of a new order from an international client. The financial value and specific contract terms were not disclosed.
Welspun Corp secured its largest-ever order valued at ₹17,200 Crore for pipe supply from its USA facility. Execution is planned between FY 2028 and FY 2029.