Welspun Corp completes transfer of Welspun Pipes KSA stake

Welspun Corp Limited has successfully completed the transfer of 100% equity stake of its subsidiary, Welspun Pipes Company KSA. The transaction involved moving the stake from Welspun Mauritius Holdings Limited to Welspun Global Holdings Limited. Both entities involved in the transfer are wholly-owned subsidiaries of the company.

The intra-group transaction was finalized on May 21, 2026. Following this transfer, Welspun Pipes Company KSA, which was previously a wholly-owned subsidiary of Welspun Mauritius Holdings Limited, has now become a wholly-owned subsidiary of Welspun Global Holdings Limited.

Transaction Details

The completion of this transfer was communicated to the stock exchanges in accordance with Regulation 30 of the SEBI Listing Regulations. The company confirmed that the transaction does not result in any change in the ultimate ownership of the stake.

Entity	Role	Status Post-Transaction
Welspun Pipes Company KSA	Subsidiary	Wholly-owned by Welspun Global Holdings Limited
Welspun Mauritius Holdings Limited	Transferor	Ceased to hold stake
Welspun Global Holdings Limited	Transferee	Acquired 100% equity stake

Impact Assessment

The company stated that since the transaction is between two wholly-owned subsidiaries, it is not expected to have any material impact on the operations, financial position, or profitability of Welspun Corp Limited. The restructuring is part of internal realignment within the group.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.96%	-6.58%	+16.07%	+47.19%	+65.16%	+771.42%

Welspun Corp Limited has announced the receipt of a large order for the supply of LSAW Pipes from its US facility, valued at approximately INR 700 Crore. The disclosure was made on 15th May, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The newly secured order pertains to the supply of LSAW (Longitudinal Submerged Arc Welded) Pipes sourced from the company's US facility. The key parameters of this order are summarised below:

Parameter:	Details
Order Type:	Large Order — LSAW Pipes
Facility:	US Facility
Order Value:	Approx. INR 700 Crore
Announcement Date:	15th May, 2026
Regulatory Reference:	Regulation 30, SEBI LODR Regulations, 2015

Consolidated Global Order Book

Incorporating this latest order along with orders secured since the company's previous announcement on 30th March, 2026, Welspun Corp's consolidated global order book has reached a significant milestone. The updated order book reflects strong demand visibility across both its India and USA operational assets.

Metric:	Details
Consolidated Global Order Book:	Rs 25,350 Crore (approx. US$ 2.6 billion)
Execution Period:	FY27 and FY28
Geographic Coverage:	India and USA assets

The company noted that the order book provides clear business visibility and continuity for its operations in both geographies.

Regulatory Compliance

The announcement has been made in accordance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as well as the company's Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information. The disclosure was signed by Kamal Rathi, Company Secretary and Compliance Officer (ACS-18182), on behalf of Welspun Corp Limited.