ALFA Filings
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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 Limited has cancelled the previously proposed sale of its 26% stake in Clean Max Dhyuthi Private Limited to Welspun Living Limited.
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 Corp completed the acquisition of an additional 51% stake in Welspun Captive Power Generation Limited. This entity is now a subsidiary of the company.
Welspun Corp is incorporating a new entity for GGBS manufacturing. It will subscribe to 2,600 shares for a cash consideration of Rs. 0.0026 Crore.
Welspun Corp Limited will acquire a 51% stake in Welspun Captive Power Generation Limited for ₹67.66 Crore. This transaction aims to secure captive power for the company.
Welspun Corp's subsidiary divested a 4.5% stake in EPIC for approximately ₹718.11 Crore via the Tadawul exchange. The cash transaction strengthens the company's liquidity position.
Welspun Corp's subsidiary divested a 4.5% stake in East Pipes Integrated Company for approximately ₹708.65 Crore. This cash-exit strengthens the company's balance sheet through market-linked valuation.
Welspun Corp's subsidiary divested a 4.5% stake in East Pipes Integrated Company for approximately ₹718.11 Crore. The group retains a 22% stake through another subsidiary.
Welspun Corp completed the internal transfer of its Saudi Arabian subsidiary between wholly-owned units. The restructuring maintains ultimate ownership without impacting financial position.
Welspun Corp is selling its 26% stake in associate Clean Max Dhyuthi to Welspun Living for ₹7.60 Crore. The transaction streamlines the group's corporate structure.