Welspun Corp wins new export contract, consolidated global order book at ₹23,460 crore

Welspun Corp Ltd. on Wednesday, January 7, said it has won a new export order to supply large diameter coated line pipes in Americas.

With this order, the company said the additional orders booked in India, since its last announcement in September 2025, are to the tune of ₹3,100 crore. Its consolidated global order book now stands at ₹23,460

crore, giving clear business visibility and continuity both at India and the US assets, the company said.

Welspun Corp added the order book will be executed until the financial year 2028.

Last month, Welspun Corp said it completed its acquisition of 2.72 crore equity shares, of 4.11%, in its subsidiary Welspun Specialty Solutions Ltd. from the promoter group comprising MGN Agro Properties Pvt. Ltd. and Welspun Group Master Trust, at market price.

Following the transaction, Welspun Corp's equity stake in the subsidiary has increased to 55.17% from 51.06%.

Shares of Welspun Corp were up 0.8% at ₹795 apiece around 10.55 am on Wednesday. The stock has declined 13.8% in the last six months.

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