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Welspun Corp’s associate company bags contracts worth around Rs 130 crore

26 Dec 2024 Evaluate

Welspun Corp’s associate company -- East Pipes Integrated Company for Industry (EPIC) has bagged contracts from Saudi Real Estate Infrastructure Company (Binyah) and AI Rashid Trading and Contracting Company with value around Rs 130 crore for manufacturing, supply of steel pipes and coating. The duration of the contracts is seven months. The financial impact of the contracts will be reflected in Q1 and Q2 of financial year 2025-2026.

EPIC is Saudi Arabia’s leading manufacturer of Helical Submerged Arc Welded (HSAW) pipes. Its fully integrated manufacturing facilities with impeccable track record of execution of mega orders in time & Quality with customer centric approach, positions them as a most preferred supplier in the KSA market and continue to pioneer in supporting KSA’s strategic objectives under the Vision 2030.

Welspun Corp is the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world.

Welspun Corp Share Price

1076.75 -0.60 (-0.06%)
20-Apr-2026 14:49 View Price Chart
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