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Welspun Corp moves up as its arm gets nod to incorporate wholly owned subsidiary
Nov-07-2025

Welspun Corp is currently trading at Rs. 910.60, up by 16.10 points or 1.80% from its previous closing of Rs. 894.50 on the BSE.

The scrip opened at Rs. 900.85 and has touched a high and low of Rs. 912.15 and Rs. 889.25 respectively. So far 23733 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 994.60 on 10-Jun-2025 and a 52 week low of Rs. 650.35 on 21-Nov-2024.

Last one week high and low of the scrip stood at Rs. 992.30 and Rs. 889.25 respectively. The current market cap of the company is Rs. 23975.05 crore.

The promoters holding in the company stood at 49.77%, while Institutions and Non-Institutions held 26.44% and 23.79% respectively.

Welspun Corp’s wholly-owned subsidiary -- Welspun Mauritius Holdings (WMHL) has received approval to incorporate a wholly owned subsidiary namely ‘Welspun Global IFSC’ or such other name as may be approved by the relevant authorities. Accordingly, on incorporation, the said company shall become a step-down wholly owned subsidiary of the company. 

The proposed company shall be incorporated in Gujarat International Finance Tec-City, India, to undertake global / regional corporate treasury center activities within the International Financial Services Centre (IFSC) framework.

The Board of Directors of WMHL at its meeting held on November 06, 2025 has considered and approved the same.

Welspun Corp is the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world.


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