Welspun Corp Limited Files NCD Specifications with BSE Under SEBI Regulations
Welspun Corp Limited filed NCD specifications with BSE showing Rs. 20.00 crores outstanding debt securities with 7.90% annual coupon rate maturing July 9, 2036. The filing covers NCDs issued in July 2021 under ISIN INE191B08020, submitted for regulatory compliance with SEBI Master Circular dated October 15, 2025. Company Secretary Kamal Rathi signed the submission dated April 15, 2026.

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Welspun Corp Limited has filed comprehensive specifications with BSE regarding its outstanding non-convertible debentures (NCDs) as part of regulatory compliance under SEBI guidelines. The submission, dated April 15, 2026, provides detailed information about the company's privately placed debt securities outstanding as on March 31, 2026.
NCD Portfolio Details
The company has disclosed specifications for NCDs with ISIN INE191B08020, featuring specific terms and conditions for investor transparency.
| Parameter | Details |
|---|---|
| ISIN | INE191B08020 |
| Coupon Rate | 7.90% |
| Payment Frequency | Annually |
| Maturity Date | July 9, 2036 |
| Amount Outstanding | Rs. 20.00 crores |
| Embedded Options | Not applicable |
Issuance Timeline
The NCD issuances occurred in two tranches during July 2021:
- First Tranche: Issued on July 9, 2021
- Second Tranche: Issued on July 23, 2021, with original issue amount of Rs. 100.00 crores
Both tranches carry identical terms including the 7.90% annual coupon rate and July 9, 2036 maturity date.
Regulatory Compliance
This filing was submitted in accordance with SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025. The circular mandates companies to provide specifications for privately placed debt securities issued under SEBI (Issue and Listing of Non-Convertible Debt Securities) Regulations, 2021.
Filing Details
The submission was signed by Kamal Rathi, Company Secretary and Compliance Officer (ACS-18182), and copies were sent to both National Securities Depository Limited and Central Depository Services (India) Limited for record-keeping purposes.
The company maintains its registered office at Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat, with Corporate Identity Number L27100GJ1995PLC025609.
Historical Stock Returns for Welspun Corp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.32% | +14.95% | +34.60% | +30.54% | +38.64% | +641.55% |
What factors led to the significant reduction in outstanding NCD amount from Rs. 100 crores to Rs. 20 crores since issuance?
How might the 7.90% coupon rate impact Welspun Corp's refinancing strategy when these NCDs mature in 2036?
Will Welspun Corp consider issuing new NCDs or explore alternative funding sources given the current debt market conditions?


































