Welspun Corp has informed that its wholly-owned subsidiary-- Welspun Tradings has incorporated a wholly-owned subsidiary viz. Nauyaan Tradings. The Certificate of Incorporation has been received on March 07, 2025, issued by the Registrar of Companies, Central Registration Centre. The main objective to incorporate a wholly-owned subsidiary is to serve as a SPV for holding shipyard assets.
The above information is a part of company’s filings submitted to BSE.