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Welspun Corp’s arm gets nod to incorporate wholly owned subsidiary

07 Nov 2025 Evaluate

Welspun Corp’s wholly-owned subsidiary -- Welspun Mauritius Holdings (WMHL) has received approval to incorporate a wholly owned subsidiary namely ‘Welspun Global IFSC’ or such other name as may be approved by the relevant authorities. Accordingly, on incorporation, the said company shall become a step-down wholly owned subsidiary of the company. 

The proposed company shall be incorporated in Gujarat International Finance Tec-City, India, to undertake global / regional corporate treasury center activities within the International Financial Services Centre (IFSC) framework.

The Board of Directors of WMHL at its meeting held on November 06, 2025 has 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.

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