Welspun Corp has received approval for the raising of funds by way of issuance of Commercial Papers (CPs)/ Non-Convertible Debentures (NCDs) upto an amount not exceeding Rs 500 crore on private placement basis. The company has traditionally used this for raising CPs/ NCDs for routine working capital requirements. The Board of Directors of the company at its meeting held on May 28, 2025, inter?alia, considered and approved the same.
Welspun Corp is the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world.
