Welspun Corp establishes new subsidiary in Dubai

Welspun Corp Limited (WCL) announced the incorporation of Welspun Global Holdings Limited (WGHL), a wholly-owned subsidiary in the Dubai International Financial Centre (DIFC), United Arab Emirates. The company received its Certificate of Incorporation/licence on December 11, 2025.

WGHL has been established with a minimum paid-up share capital of AED 100,000, divided into 10,000 shares of AED 10 each, entirely held by Welspun Corp Limited. This new entity will serve as an investment holding company, overseeing WCL's global investments.

The incorporation follows WCL's disclosure on October 30, 2025, regarding its intent to establish a wholly-owned subsidiary in the DIFC. The move is not classified as a related-party transaction, and neither the promoter nor promoter group has any interest in WGHL beyond WCL's direct ownership.