Welspun Corp has informed that the company has received multiple orders of approximately 120 KMT valuing close to Rs 1,400 Crore most of which will be executed from its facilities in India. This includes a significant and a very prestigious export order for a deep offshore pipeline project (of approximately 59 KMT) in Gulf-of-Mexico, USA. This exhibits overall improvement in business sentiments, its strong customer connect, their confidence in its technical excellence and its execution capabilities. With these orders, the Company’s order book stands at 492 KMT valued at approximately Rs 4,700 Crore, after considering execution up to August 2021. The above is in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information. The contact details regarding Investor Relations and Media Queries are attached.
The above information is a part of company’s filings submitted to BSE.
