Welspun Corp has acquired entire share capital of Big Shot Infra Facilities (Big Shot), a newly incorporated company from an unrelated party at a consideration of Rs 30,000. The acquisition is with an intention to make it a special purpose vehicle for organic/inorganic growth of the businesses under the objects of the Company. Big Shot presently does not have any material assets or liabilities.
Welspun Corp is the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world.
