NSEGeneral Updates1d ago · 13 Oct 2026, 08:45 pm
General Updates
Welspun Corp Limited · WELCORP
✦ AI SummaryExpansion
Welspun Corp Limited has informed the Exchange about the incorporation of a new step-down wholly owned subsidiary in Jordan, Welspun Global Jordan, with an initial paid-up share capital of Jordanian Dinar 50,000, fully subscribed by Welspun Global Holdings Limited.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Welspun Corp Limited has informed the Exchange about Update on the Incorporation of a New Step-down Wholly Owned Subsidiary in Jordan
Attachments (1)
📄pdf
Download →
WELCORP_13102026204502_SEintimationsinged.pdf
View document text
WCL/SEC/2026 13th October, 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,
Subject: Update on the Incorporation of a New Step-down Wholly Owned Subsidiary
Ref.: a. Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015
b. ISIN: INE191B01025
This is in furtherance to our disclosure dated 18th September 2026, Welspun Global Holdings
Limited (“WGHL”), DIFC, UAE, a wholly-owned subsidiary of the Company has incorporated
a wholly-owned subsidiary in the name of Welspun Global Jordan’ (“WGJ”) in Jordan.
WGJ has been incorporated with effect from 12th October, 2026. The Certificate of
Registration has been received, today, issued by the Companies Control Department,
Jordan.
WGJ will carry on the business of manufacturing, producing, processing and fabricating
wires, tubes and pipes of iron and steel, including line pipes and other iron and steel tubular
products for use in the transportation of water, gas and oil and any other industrial sector as
well as for carrying on the business of casting and processing of iron and steel and the
manufacture of products and components resulting from such casting activities.
WGJ has been incorporated with an initial paid-up share capital of Jordanian Dinar 50,000,
fully subscribed by WGHL.
The same is for your information and record, please.
Thanking you.
Yours faithfully,
For Welspun Corp Limited
Kamal Rathi
Company Secretary and Compliance Officer
ACS-18182