Welspun Enterprises to consider fund raising, lands two major infrastructure projects

Welspun Enterprises Limited has scheduled a board meeting for Wednesday, October 15, 2025, to consider a proposal for raising funds through a preferential issue of convertible equity warrants. This initiative, along with ancillary actions, will be subject to regulatory and shareholder approvals. The company is voluntarily disclosing its L1 bidder status for two new projects.

The first project involves the construction of a 53.40 Km, 6-Lane Partially Elevated Highway Corridor from Pune to Shirur in Maharashtra, on a DFBOT (Toll) Mode with a 29-year concession period. Welspun emerged as the lowest bidder for this project, valued at ~Rs. 7,300 crore, on October 3, 2025. The second project is for a new 910 MLD Water Treatment Plant at Panjrapur, Maharashtra, for the Brihanmumbai Municipal Corporation. This Design Build and Operate contract has a bid value of ~Rs. 3,145 crore, including O&M and asset replacement, and Welspun was the lowest bidder on October 8, 2025.

The trading window for all designated persons remains closed from October 1, 2025, in compliance with SEBI (Prevention of Insider Trading) Regulations, 2015, following the entry of this Unpublished Price Sensitive Information (UPSI) into the Structured Digital Database. The company will provide updates to stock exchanges upon receipt of the Letter of Award (LoA) for these projects.