Welspun Enterprises allots warrants in preferential issue

Welspun Enterprises Limited has allotted 19,047,619 convertible warrants through a preferential issue on a private placement basis. This follows earlier intimations on November 7 and November 19, 2025, concerning shareholder and exchange approvals. The company received INR 2,49,99,99,994, representing 25% of the aggregate consideration payable by all allottees for the warrants.

The warrants are convertible into one equity share each, with a face value of INR 10, at an issue price of INR 525, including a premium of INR 515. The total aggregate consideration for these warrants is not to exceed INR 1,000 Crore, to be received within 18 months from the allotment date of December 1, 2025.

Thirteen investors participated in the preferential allotment, including Welspun Group Master Trust and Authum Investment and Infrastructure Limited, receiving 71,23,809 and 57,14,286 warrants, respectively. The allotment committee meeting took place on December 1, 2025.