Welspun Corp Secures ₹735 Crore Additional Order, Order Book Reaches ₹19,000 Crore

1 min read     Updated on 29 Jul 2025, 12:09 PM
scanxBy ScanX News Team
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Overview

Welspun Corp Limited has secured an additional order worth ₹735 crore for its Little Rock facility in the United States. This new order has increased the company's consolidated order book to ₹19,000 crore, strengthening its position in the USA oil and gas transmission sector. The company plans to execute these orders in the coming years and maintains a positive outlook for the US market.

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

Welspun Corp Limited, a leading player in the oil and gas transmission sector, has announced a significant expansion of its business in the United States. The company has successfully secured an additional order worth ₹735.00 crore for its Little Rock facility.

Order Details

  • The new order is valued at approximately ₹735.00 crore.
  • This additional order strengthens Welspun Corp's business pipeline and adds to its existing project commitments.

Consolidated Order Book

  • With this latest development, Welspun Corp's consolidated order book has reached an impressive ₹19,000.00 crore.
  • The company plans to execute these orders in the coming years.

Market Position and Outlook

  • The recent order win reinforces Welspun Corp's strong position in the USA oil and gas transmission space.
  • The company maintains a positive outlook for the US market.
  • Welspun Corp is well-positioned to capitalize on upcoming opportunities in the sector.

This additional order and the robust order book demonstrate Welspun Corp's strong market position and its potential for growth. The company's ability to secure larger orders and expand its presence in the oil and gas transmission sector bodes well for its future prospects.

Historical Stock Returns for Welspun Corp

1 Day5 Days1 Month6 Months1 Year5 Years
+7.13%+1.04%+0.01%+24.44%+43.42%+1,010.57%
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Welspun Corp Divests 9.9% Stake in Nauyaan Shipyard for ₹547 Crore

1 min read     Updated on 23 Jul 2025, 09:23 PM
scanxBy ScanX News Team
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Overview

Welspun Corp Limited has sold a 9.9% equity stake in Nauyaan Shipyard Private Limited (NSPL) to Nauyaan Tradings Private Limited, a subsidiary of Reliance Strategic Business Ventures Limited, for ₹547.00 crore. The transaction was completed on July 23, 2025. Welspun Corp will retain a 6.1% stake in NSPL after this divestment. The sale consideration is subject to adjustments for expenses and net current assets. NSPL's contribution to Welspun Corp's total income, profit before tax, and net worth was minimal, at 0.12%, 0.38%, and 0.11% respectively, based on FY 2024-25 financials.

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

Welspun Corp Limited , a prominent player in the infrastructure sector, has announced a strategic divestment of its stake in Nauyaan Shipyard Private Limited (NSPL). The company has sold a 9.9% equity stake in NSPL for a consideration of ₹547.00 crore, marking a significant move in its portfolio management strategy.

Transaction Details

The sale transaction, which was completed on July 23, 2025, involves the transfer of shares to Nauyaan Tradings Private Limited, a wholly-owned subsidiary of Reliance Strategic Business Ventures Limited. This divestment follows Welspun Corp's earlier disclosures dated March 21, 2025, and April 11, 2025, regarding the induction of a strategic investor in NSPL.

Financial Implications

The consideration of ₹547.00 crore is subject to adjustments for expenses to the account of the Company and net current assets. Following this transaction, Welspun Corp will retain a 6.1% equity stake in NSPL.

Impact on Welspun Corp

To put this divestment into perspective, it's worth noting the financial contribution of NSPL to Welspun Corp's overall performance:

Particulars Amount (₹ in Crore) % Contribution to Welspun Corp
Total Income 16.44 0.12%
Profit before Tax 8.50 0.38%
Net Worth 8.35 0.11%

Note: Figures based on NSPL's standalone financial statements as of March 31, 2025, and Welspun Corp's audited consolidated financial statement for FY 2024-25.

Corporate Governance

In line with regulatory requirements, Welspun Corp has confirmed that this transaction does not fall under related party transactions and is conducted at arm's length. The company has duly informed the stock exchanges as per the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Looking Ahead

As Welspun Corp realigns its investment portfolio, investors and market watchers will be keen to see how this divestment impacts the company's future strategies and financial performance. The company is scheduled to announce its Q1 FY2026 results on July 30, 2025, which may provide further insights into its financial position and strategic direction.

Welspun Corp continues to demonstrate its commitment to transparency and timely disclosure of material developments, ensuring that shareholders and the market are well-informed of its corporate actions.

Historical Stock Returns for Welspun Corp

1 Day5 Days1 Month6 Months1 Year5 Years
+7.13%+1.04%+0.01%+24.44%+43.42%+1,010.57%
Welspun Corp
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