Welspun Corp announced the incorporation of a wholly owned subsidiary named Welspun Global Holdings (WGHL) in Dubai International Financial Centre, UAE. WGHL will act as an investment holding company to oversee the investments globally.Powered by Capital Market - Live News

The board of Welspun Corp at its meeting held on 30 October 2025 has approved the acquisition of 2,72,39,744 equity shares (4.11% equity stake) of Welspun Specialty Solutions, subsidiary company, from the Promoter Group at the market price subject to compliance of applicable laws.Upon completion of this acquisition, the Company`s equity holding in Welspun Specialty Solutions will increase from 51.06% to 55.17%.Powered by Capital Market - Live News

The board of Welspun Corp at its meeting held on 30 October 2025 has approved the incorporation of two wholly owned subsidiaries in United Arab Emirates. The proposed companies include an investment holding company and an international marketing and trading activities company. Powered by Capital Market - Live News

Net profit of Welspun Corp rose 53.23% to Rs 439.68 crore in the quarter ended September 2025 as against Rs 286.95 crore during the previous quarter ended September 2024. Sales rose 32.46% to Rs 4373.61 crore in the quarter ended September 2025 as against Rs 3301.83 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales4373.613301.83 32 OPM %13.5212.10 - PBDT672.69452.17 49 PBT588.49362.96 62 NP439.68286.95 53 Powered by Capital Market - Live News

Welspun Corp announced that its US subsidiary has received two major line pipe orders valued at a total of USD 715 million (approx.) for supply of coated pipes for Natural Gas and NGL Pipeline Projects in USA. The company`s consolidated order book now stands at a record high of ~Rs. 23,500 crore.Powered by Capital Market - Live News