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 will hold its 31st Annual General Meeting virtually. Shareholders can access the Annual Report and AGM Notice via a web-link. The company encourages registering email and bank details for digital communication.
Welspun Corp published its sustainability update for FY2025-26, showcasing strong environmental and social efforts. The company boosted renewable energy with new solar plants and a 42 MW RE-RTC investment. It also reported reduced emissions intensity and significant community impact.
Welspun Corp announced its 31st AGM on 17th July. The Board has proposed a dividend for year ended 31st March, with 30th June as the record date for eligibility. Dividend payment, if approved, will be on or after 20th July.
Company's Board proposed a 100% dividend (Rs. 5/share) for FY26, pending AGM approval. Dividend payouts will incur Tax Deduction at Source. Shareholders must submit tax documents by June 30 to ensure the correct withholding rate is applied.
Welspun Corp ranks 5th globally and 2nd in India in S&P Global's Steel sector CSA. Its ESG score increased 7% to 78, reflecting strong environmental sustainability, social responsibility, and governance practices. This reinforces investor confidence in its long-term strategy.