Welspun Corp has secured fresh large orders for the supply of pipes for Oil & Gas export projects from its India facility, cumulatively valued at approximately Rs 1,400 Crore. This development reinforces the company's strong revenue visibility and ensures continuity of operations across its manufacturing assets in India and the USA.

With this addition, the consolidated global order book of Welspun Corp has scaled to Rs 23,650 Crore (approx. US$2.5 billion). The substantial order book positions the company for sustained growth momentum over the next two fiscal years.

Order Book Details

The newly secured orders are scheduled for execution over FY27 and FY28. The following table outlines the current status of the company's order book:

Operational Impact

The execution of these orders will provide continuity of operations across both the India and USA manufacturing assets. The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Welspun Corp has scheduled its 31st Annual General Meeting (AGM) for Friday, July 17, 2026, at 4:00 p.m. IST via Video Conference. The Board has recommended a dividend of ₹5 per share for the financial year ended March 31, 2026, subject to shareholder approval. The company has fixed June 30, 2026, as the record date to determine eligibility for this dividend, which entails a cash outflow of ₹131.90 crore. Additionally, Welspun Corp is sending physical letters containing the web-link for the Annual Report 2025-26 to members whose email addresses are not registered with the company or its Registrar and Transfer Agent.

Annual General Meeting and E-Voting Details

The AGM will be conducted through Video Conference or Other Audio-Visual Means, with proceedings deemed to be held at the company's Registered Office in Gujarat. Shareholders must hold shares as of the cut-off date, Friday, July 10, 2026, to be eligible to vote. The remote e-voting period commences on Monday, July 13, 2026, at 9:00 a.m. IST and concludes on Thursday, July 16, 2026, at 5:00 p.m. IST. National Securities Depository Limited (NSDL) will provide the e-voting facility, and Ms. Mansi Damania of M/s. JMJA & Associates LLP has been appointed as the Scrutiniser.

Key Corporate Action Dates

Agenda and Financial Highlights

The AGM agenda includes the adoption of audited financial statements, the declaration of dividend, and the re-appointment of Mr. Aneesh Misra as Director. Special business encompasses the ratification of remuneration for cost auditors and the approval of commission for the Non-Executive Chairman. Welspun Corp reported its highest-ever consolidated EBITDA of ₹2,371 crore for FY 2025-26, with margins improving to 14% and ROCE exceeding 22%. The company maintains a net cash position of ₹1,627 crore and a global order book of approximately ₹25,350 crore.

Access to Annual Report

In compliance with Regulation 36(1)(b) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, the Annual Report 2025-26 is available online. Members without registered email addresses can access the report via the link provided on the company's website or the physical letter dispatched by Welspun Corp. The company has requested shareholders to update their email and bank details with their Depository Participants or the Registrar to facilitate digital communication.