Welspun Corp Limited
WCL is one of the largest manufacturers of large diameter pipes globally. The company also manufactures BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated)Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars. The company acquired Sintex-BAPL, a market leader in water tanks and other plastic products, to expand its building materials portfolio. It has also made strategic acquisition of…
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Welspun Corp's subsidiary has approved incorporating a new step-down wholly owned subsidiary, Welspun Special Coating Private Limited. This new entity will focus on executing diverse protective and functional coating works for pipes and metallic structures, expanding the group's specialized operational capabilities.
Welspun Corp and Perma-Pipe signed an MOU with Jordan's government for a JV to set up pipe manufacturing and coating facilities. This strategic move aims to serve major water, oil & gas, and infrastructure projects in Jordan and the Levant region.
Welspun Corp & Welspun Living mutually cancelled the sale of WCL's 26% stake in Clean Max Dhyuthi Pvt Ltd. The Rs. 7.60 Cr transaction for the solar energy unit will not proceed, citing power availability issues.
Welspun Corp has incorporated Welspun Slagexcel Private Limited (WSPL) as an associate company, holding a 26% stake. WSPL will manufacture Ground Granulated Blast Furnace Slag (GGBS), expanding the company's operational scope.
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