Welspun Corp Wins Americas Export Order, Book Rises

09 Jan 2026 CW Team

Welspun Corp Ltd has secured a new export order to supply large-diameter coated line pipes in the Americas. With this win, the company said additional orders booked in India since its last update in September 2025 now total Rs 31 billion. Its consolidated global order book stands at Rs 234.6 billion, providing strong business visibility and continuity across its India and US assets.

The company said the current order book will be executed through the financial year 2028. Last month, Welspun Corp completed the acquisition of 27.2 million equity shares, representing 4.11 per cent, in its subsidiary Welspun Specialty Solutions Ltd from the promoter group, which includes MGN Agro Properties Pvt Ltd and Welspun Group Master Trust, at the prevailing market price. Following the transaction, Welspun Corp’s equity stake in the subsidiary increased to 55.17 per cent from 51.06 per cent.

Shares of Welspun Corp were trading 0.8 per cent higher at Rs 795 apiece around 10.55 am on Wednesday. The stock has declined 13.8 per cent over the past six months.

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