Welspun Corp Limited , a leading player in the manufacturing sector, has announced a significant change in its senior management. The company has appointed Rakesh Mehta as its new Chief Human Resource Officer (CHRO), effective October 13, 2025. This appointment comes as part of the company's ongoing efforts to strengthen its leadership team and drive organizational excellence.

Key Appointment Details

The appointment of Rakesh Mehta was approved by Welspun Corp's Board of Directors, following a recommendation from the Nomination and Remuneration Committee. This decision underscores the company's commitment to bringing in top-tier talent to drive its human resource strategies.

Rakesh Mehta's Professional Background

Rakesh Mehta brings a wealth of experience to his new role at Welspun Corp. With nearly three decades in the human resources field, Mehta has built an impressive career across several leading Indian conglomerates. His professional journey includes significant tenures at:

• Uno Minda
• JSW Energy
• Reliance Industries
• General Motors
• Asian Paints
• Crompton Greaves

Areas of Expertise

Mehta's expertise spans several critical areas of human resource management:

• Cultural transformation
• Industrial relations
• Mergers & acquisitions
• People strategy

One of Mehta's notable achievements includes successfully managing large-scale workforce integrations across more than 70 plants globally. This experience positions him well to contribute to Welspun Corp's growth and organizational development strategies.

Educational Background

Rakesh Mehta is an alumnus of the prestigious Symbiosis Institute of Business Management, Pune. His educational background, combined with his extensive industry experience, equips him with a strong foundation to lead Welspun Corp's human resource initiatives.

Organizational Changes

Concurrent with Mehta's appointment, Welspun Corp announced another organizational change:

It's important to note that while Bindu Nambiar will no longer be categorized as Senior Management Personnel, she will continue her role as Vice President - HR within the company. This change is attributed to adjustments in the organizational structure.

The appointment of Rakesh Mehta as CHRO signals Welspun Corp's focus on enhancing its human resource capabilities. With his extensive experience and expertise in various aspects of HR management, Mehta is expected to play a crucial role in shaping the company's workforce strategies and contributing to its overall growth objectives.

As Welspun Corp continues to evolve and strengthen its management team, these changes reflect the company's commitment to maintaining a robust and dynamic leadership structure capable of navigating the challenges and opportunities in the manufacturing sector.

Welspun Corp Limited, a leading player in the line pipe manufacturing sector, has announced a significant boost to its order book with a new export contract worth ₹1,600.00 crore for large diameter line pipes. This development has propelled the company's total global orders to an impressive ₹18,000.00 crore, showcasing strong business momentum and future growth prospects.

New Export Contract Details

The company disclosed that it has secured a new export order for the supply of large diameter line pipes for oil and gas applications. This order comes from one of Welspun Corp's most prestigious clients in the Middle East and will be serviced from the company's Indian facility.

Order Book and Business Visibility

With the addition of this new contract and other recent orders, Welspun Corp's consolidated global order book now stands at approximately ₹18,000.00 crore. This substantial order book provides clear business visibility and continuity for both the company's USA and India assets.

Execution Timeline

According to the company's regulatory filing, the current order book is scheduled to be executed during the fiscal years 2026 and 2027 (FY26 & FY27). This extended timeline suggests a steady workflow and potential for sustained revenue generation over the coming years.

Market Impact and Company's Position

The securing of this large contract underscores Welspun Corp's strong position in the global line pipe market, particularly in serving the oil and gas sector. The company's ability to win significant export orders amid global competition highlights its competitive edge and the quality of its products.

Regulatory Compliance

Welspun Corp has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company has also adhered to its Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information, ensuring transparency in its communications with stakeholders.

This latest development signals robust growth prospects for Welspun Corp, as it continues to strengthen its position in the line pipe manufacturing industry both domestically and internationally.