Welspun Corp expands DI pipes capacity, establishes new treasury subsidiary
Welspun Corp has made the transcript of its Q2 & H1 FY26 earnings call, held on October 31, 2025, available on its website. This announcement is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Simultaneously, the company revealed the commencement of commercial production from its new expansion project, adding 200 KMTPA to its Ductile Iron Pipes capacity, effective November 6, 2025. This expansion increases total DI Pipes capacity from 400 KMTPA to 600 KMTPA.
Furthermore, Welspun Corp announced the planned incorporation of a new step-down wholly owned subsidiary, "Welspun Global IFSC Limited," in Gujarat International Finance Tec-City, India. This subsidiary aims to manage global/regional corporate treasury center activities within the IFSC framework, with shares to be subscribed via cash consideration.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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