NSEBagging/Receiving of orders/contracts1d ago · 20 Sept 2026, 09:41 pm
Bagging/Receiving of orders/contracts
Welspun Corp Limited · WELCORP
✦ AI Summary▲ PositiveOrder Win
Welspun Corp Limited's associate company, East Pipes Integrated Company for Industry, has announced a contract with Saudi Arabian Oil Co. (Aramco) for manufacturing and supply of steel pipes worth approximately INR 2,000 Crore.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10
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Full Announcement
Welspun Corp Limited has informed the Exchange about Bagging/Receiving of orders/contracts: Large order win announced by the Company s associate Company viz. East Pipes Integrated Company for Industry, KSA
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WELCORP_20092026214050_SEDisclosureEPICOrdersigned.pdf
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WCL/SEC/2026 20th September, 2026
BSE Ltd. National Stock Exchange of India Ltd.
Listing Department, Exchange Plaza,
P. J. Towers, Dalal Street, Bandra-Kurla Complex,
Mumbai – 400 001. Bandra (E), Mumbai – 400 051.
(Scrip Code: Equity - 532144), (Symbol: WELCORP, Series EQ)
(NCD – 973309)
Dear Sirs/ Madam,
Sub.: Large order win announced by the Company’s associate Company viz. East Pipes
Integrated Company for Industry, KSA – General Announcement
We are pleased to inform you that our associate Company East Pipes Integrated Company for
Industry (EPIC), a listed entity in the Kingdom of Saudi Arabia (KSA), has today announced to the
Saudi Stock Exchange, a contract sign off with Saudi Arabian Oil Co. (Aramco) for manufacturing
and supply of steel pipes for total value exceeding 771 million SAR (Approx. INR 2,000 Crore)
including value added tax.
The duration of the contract is six months and the financial impact of the contract will be reflected
from Q4 FY2026-27 through Q1 FY27-28.
EPIC is Saudi Arabia’s leading manufacturer of Helical Submerged Arc Welded (HSAW) pipes. It’s
fully integrated manufacturing facilities with impeccable track record of execution of mega orders
in time & Quality with customer centric approach, positions them as a most preferred supplier in
the KSA market and continue to pioneer in supporting KSA’s strategic objectives under the Vision
2030.
This is for your information and records.
Yours faithfully,
For Welspun Corp Limited
Kamal Rathi
Company Secretary and Compliance Officer
ACS-18182