Welspun Corp’s US Arm Clinches ₹250 Cr Line Pipe Order for Energy Projects

Mumbai, October 30, 2023 — Welspun Corp Ltd., a leading global manufacturer of line pipes, has disclosed a significant business development under Regulation 30 of SEBI’s Listing Obligations. Its US-based subsidiary has received a major order valued at approximately ₹250 crore from a prominent US customer for Natural Gas and NGL pipeline projects.

This milestone highlights Welspun’s operational strength in the North American market and its ability to deliver high-quality, compliant solutions for critical energy infrastructure.

Key Highlights:

- The order is for supplying line pipes for Natural Gas and NGL pipeline projects in the USA.

- Total contract value is approximately ₹250 crore.

- Welspun’s US facility has a proven execution track record and is well-positioned to deliver.

- The company emphasizes strict adherence to US regulatory standards and data security protocols.

- Disclosure made under SEBI Regulation 30 via official communication to BSE and NSE.

This development strengthens Welspun’s global footprint and signals continued momentum in the energy infrastructure space.

Source: Official letter issued by Welspun Corp Ltd., Circular No. WCL/SEC/2023, dated October 30, 2023.