BSECompany Update4d ago · 20 Sept 2026, 09:43 pm

Large Order win announced by the Company associate Company viz East Pipes Integrated Company for Industry, KSA

Welspun Corp Ltd · 532144

✦ AI Summary▲ PositiveOrder Win

Welspun Corp Ltd's associate company, East Pipes Integrated Company for Industry, has won a large order from Saudi Arabian Oil Co. (Aramco) for manufacturing and supply of steel pipes worth approximately INR 2,000 Crore. The contract duration is six months and will impact the company's financials from Q4 FY2026-27 to Q1 FY27-28.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Welspun Corp Ltd - 532144 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

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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