Welspun Enterprises Eyes Fund Raising, Secures L1 Status for Major Maharashtra Infrastructure Projects

1 min read     Updated on 11 Oct 2025, 08:22 PM
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Ashish ThakurScanX News Team
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Overview

Welspun Enterprises has announced L1 bidder status for two significant infrastructure projects in Maharashtra: a ₹7,300 crore Pune-Shirur highway project and a ₹3,145 crore water treatment plant for Mumbai. The company has scheduled a board meeting on October 15, 2025, to discuss fund raising through convertible equity warrants via preferential issue. The trading window for designated persons has been closed from October 1, 2025. The company has also submitted its regulatory compliance certificate for the quarter ended September 30, 2025.

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*this image is generated using AI for illustrative purposes only.

Welspun Enterprises Limited (NSE: WELENT, BSE: 532553) has announced a series of significant developments, including a planned board meeting to discuss fund raising and securing L1 bidder status for two major infrastructure projects in Maharashtra.

Board Meeting for Fund Raising

The company has scheduled a Board of Directors meeting for October 15, 2025, to consider fund raising through the issuance of convertible equity warrants via preferential issue. This strategic move could potentially bolster the company's financial position for future endeavors.

L1 Bidder Status for Infrastructure Projects

In a voluntary disclosure, Welspun Enterprises revealed its L1 (lowest bidder) status for two substantial infrastructure projects in Maharashtra:

Project Details Value Date of L1 Status
Pune-Shirur Highway 6-lane partially elevated highway corridor 7300.00 October 03, 2025
Panjrapur Water Treatment Plant 910 MLD capacity for Brihanmumbai Municipal Corporation 3145.00 October 08, 2025

The Pune-Shirur highway project comes with a 29-year concession period, while the water treatment plant project includes 15 years of operation and maintenance.

Trading Window Closure

In compliance with regulatory requirements, the company has closed the trading window for designated persons from October 01, 2025. This closure is likely related to the upcoming board meeting and potential fund-raising activities.

Corporate Governance Update

As per the latest LODR (Listing Obligations and Disclosure Requirements) data, Welspun Enterprises has submitted its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2025. This submission, made on October 10, 2025, confirms the company's compliance with regulatory requirements regarding dematerialization of securities and listing on stock exchanges.

These developments underscore Welspun Enterprises' active pursuit of growth opportunities in the infrastructure sector, while maintaining transparency and regulatory compliance. The outcome of the upcoming board meeting and the progression of these infrastructure projects will be crucial factors to watch in the coming months.

Historical Stock Returns for Welspun Enterprises

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Welspun Group Master Trust Boosts Stake in Welspun Enterprises to 49.33%

1 min read     Updated on 25 Aug 2025, 05:19 PM
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Reviewed by
Shriram ShekharScanX News Team
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Overview

Welspun Group Master Trust acquired 40,000 equity shares of Welspun Enterprises through an open market transaction on August 21. This increased the trust's shareholding from 49.30% to 49.33%, and the overall promoter and PAC holding from 55.45% to 55.48%. The company has a paid-up equity share capital of Rs. 138.41 crores with 13.84 crore outstanding shares. The acquisition was reported in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Welspun Enterprises , a part of the Welspun Group, has seen an increase in shareholding by one of its key promoters, Welspun Group Master Trust. The trust, represented by trustee Balkrishan Goenka, acquired 40,000 equity shares of the company through an open market transaction on August 21, as disclosed in a regulatory filing.

Stake Increase Details

The acquisition resulted in a marginal increase in the trust's shareholding:

  • Previous shareholding: 49.30%
  • New shareholding: 49.33%

This transaction also affected the overall promoter and Persons Acting in Concert (PAC) holding:

  • Previous promoter and PAC holding: 55.45%
  • New promoter and PAC holding: 55.48%

Company Overview

Welspun Enterprises has a paid-up equity share capital of Rs. 138.41 crores, consisting of 13.84 crore outstanding shares. The company's shares are listed on both the BSE Limited and the National Stock Exchange of India Limited.

Shareholding Structure

The LODR data provides a detailed breakdown of the promoter and PAC shareholding after the transaction:

Shareholder No. of Shares % of Total Share Capital
Balkrishan Goenka, Trustee of Welspun Group Master Trust 6,82,78,571 49.33
Welspun Investments & Commercials Ltd 47,52,027 3.43
Aryabhat Vyapar Private Limited 37,62,813 2.72
Sitadevi Rameshkumar Mandawewala 600 0.00
Rajesh R Mandawewala 120 0.00
Balkrishan Gopiram Goenka 84 0.00

Regulatory Compliance

The acquisition was reported in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was made by Hardik Dhebar, the authorized signatory for Welspun Group Master Trust, on August 25.

This move by the Welspun Group Master Trust underscores the promoter group's continued confidence in Welspun Enterprises. While the increase in stake is modest, it reflects ongoing interest in consolidating the promoter's position in the company.

Historical Stock Returns for Welspun Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
+1.24%-1.08%+10.22%+7.69%-6.20%+650.82%
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