Welspun Corp has announced the receipt of a significant order for the supply of LSAW Pipes from its US facility, valued at approximately ₹700 crore. This latest order enhances the company’s consolidated global order book to ₹25,350 crore, equivalent to approximately US$ 2.6 billion, as of the latest update.
The substantial order book provides Welspun Corp with clear business visibility and continuity across its assets in both India and the United States. The execution of the current order book is scheduled for the financial years 2027 and 2028, ensuring a steady stream of business activity for the company during this period.
This development is in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has adhered to its Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information in making this announcement.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).