Welspun Enterprises has secured NSE and BSE’s in-principle approval to issue 1.90 crore equity shares on a preferential basis at Rs. 525 each. The allotment follows shareholder consent, with strict compliance and control conditions to ensure regulatory adherence and fair market practices. This capital infusion supports Welspun’s expansion in infrastructure.
Welspun Enterprises Ltd has received in-principle approvals from the National Stock Exchange of India (NSE) and BSE Limited for issuing 1.90 crore equity shares at a price of Rs. 525 each. This allotment follows shareholder approval in the Extra Ordinary General Meeting held on November 7, 2025, and is pursuant to the conversion of warrants issued on a preferential basis.
Key highlights from the approval letters include:
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The company is required to file the formal listing application promptly after share allotment.
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Compliance is necessary with all statutory and regulatory requirements, including those from SEBI, RBI, MCA, and stock exchanges.
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Robust internal controls must be in place to monitor trading activities of proposed allottees to prevent violations as per SEBI (ICDR) Regulations.
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Undertakings from allottees prohibiting intra-day trading or sale of shares before allotment are mandated.
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NSE and BSE retain the right to withdraw approval if submitted information is incomplete or misleading.
This capital raise, part of Welspun’s strategy to fuel growth, strengthens its financial flexibility and supports expansion plans in infrastructure sectors such as road and water projects. The move aligns with Welspun's ongoing focus on sustainable and governance-compliant growth.
Source: NSE circular, BSE circular, Welspun Enterprises corporate filings.