Welspun enterprises has received a credit rating outlook upgrade from CRISIL Ratings Limited, with the rating agency revising the outlook to 'Positive' from 'Stable' while reaffirming the company's existing credit ratings. The development was disclosed by the company on January 28, 2026, in compliance with regulatory requirements.

Rating Details and Facility Coverage

CRISIL's rating action covers the company's comprehensive financing facilities, with specific ratings maintained across different instrument categories:

Regulatory Compliance and Disclosure

The rating revision was communicated to Welspun Enterprises through CRISIL's letter dated January 27, 2026. The company promptly disclosed this information to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure was made to both BSE Limited and National Stock Exchange of India Limited, ensuring compliance with listing obligations. The company trades under scrip code 532553 on BSE and symbol WELNENT on NSE.

Significance of Rating Action

The outlook revision to 'Positive' indicates CRISIL's improved assessment of the company's credit profile and future prospects. While the core ratings remain unchanged, the positive outlook suggests potential for rating upgrades in the medium term, subject to the company's performance and market conditions.

The reaffirmation of existing ratings across all facility categories demonstrates stability in the company's creditworthiness. The AA- long-term rating reflects high credit quality with very low credit risk, while the A1+ short-term rating indicates the highest degree of safety for timely payment of financial obligations.

Corporate Governance and Transparency

The rating information has been made available on the company's official website at www.welspunenterprises.com , ensuring transparency and accessibility for stakeholders. Company Secretary Nidhi Tanna signed the regulatory filing, maintaining proper corporate governance protocols in the disclosure process.

Welspun Enterprises Limited (WEL) has made a significant move in the capital markets by allotting convertible warrants to both promoter and non-promoter investors. This strategic decision aims to bolster the company's financial position and provide flexibility for future growth.

Key Details of the Warrant Allotment

Implications and Potential Impact

1. Capital Infusion: The immediate receipt of Rs. 249.99 crores provides WEL with additional working capital, potentially strengthening its balance sheet and supporting ongoing operations.

2. Future Equity Expansion: If fully converted, these warrants could lead to the issuance of an equivalent number of equity shares, potentially diluting existing shareholdings but also increasing the company's equity base.

3. Investor Confidence: The participation of both promoter and non-promoter investors in this allotment may signal confidence in the company's future prospects and growth strategies.

4. Financial Flexibility: The 18-month conversion period offers WEL flexibility in terms of timing the full equity conversion, allowing the company to align it with its capital requirements and market conditions.

Warrant Terms and Conditions

• Each warrant is convertible into one equity share of the company.
• The conversion price is set at Rs. 525.00 per share, including a premium of Rs. 515.00 over the face value of Rs. 10.00 per share.
• Warrant holders have the option to convert their warrants into equity shares within 18 months from the allotment date (December 01, 2025).
• Any warrants remaining unconverted after the 18-month period will lapse, and the amount paid by the warrant holders will be forfeited.

This warrant allotment represents a significant corporate action for Welspun Enterprises, potentially impacting its capital structure and providing resources for future growth initiatives. Investors and market watchers will likely keep a close eye on how the company utilizes these funds and any subsequent conversions of the warrants into equity shares.