Group Companies :

Welspun Enterprises Limited (Formarly known as Welspun Projects Limited)

 

Welspun Enterprises Limited (WEL)is part of the US$ 3.5 billion Welspun Group (India’s fastest growing conglomerate having registered a CAGR of 30% over the last decade).

WEL is a trading/operating and holding Company which was formed through the de-merger of Welspun Corp Limited and subsequently merger of erstwhile Welspun Projects Limited and Welspun Enterprises Limited. Infrastructure, Oil & Gas exploration and Energy businesses which were earlier under Welspun Corp Limited’s umbrella are now a part of Welspun Enterprises Limited.

WEL’s key business is trading in commodities, majorly into steel & cotton. The company has developed a strong network of business relationships, thanks to the Welspun Group’s presence in various businesses. The Company is involved in promoting subsidiaries or joint ventures in the business of buying, selling, exchanging, processing, importing or dealing in manufacture, bullion, commodities, goods, fibers & yarns, fibrous materials or substances, steels, metal products including steel and other goods used in industrial and other commercial activities.

WEL is also in Infrastructure Business. WEL’s successful execution of projects for the past 35 years has made the company a niche player in the construction industry. With the groups’ rich experience of executing EPC contracts and WEL’s legacy of being in the business of EPC projects across various sectors like roads, water, industrial structures and some projects through PPP, the company is set to play a larger role in the infrastructure space. The Company has executed various infrastructure projects – highways, bridges, industrial, residential and commercial buildings. Till date WEL has successfully completed six BOT Road projects, two Bus Terminals and one Water project. The Company could achieve this feat only because of its project management expertise, cutting-edge technology and design innovations. Post merger, with a strong balance sheet, the company is poised to leverage on the infrastructure development in country.

WEL also holds significant investments in Welspun Energy Limited (Renewable energy) and Welspun Natural Resources Private Limited (Oil and gas exploration).

Welspun Natural Resources Ltd.: Welspun Natural Resources Ltd has a joint venture with Adani Enterprises Ltd. to form Adani Welspun Exploration Ltd. It has a portfolio of eight oil and gas assets, in India, Thailand and Egypt.

Welspun Energy Ltd.: Welspun Energy Ltd. has been incorporated to setup Thermal Power plants and also to fulfill the commitment towards Green Environment by setting up Solar, Hydro, Biomass and Wind energy power generating facilities.

 

Change of name of the company

 

Outcome of the Board Meeting

 

Disclosure under the Listing Agreement - Clause 36

 
 
Corporate Identification No. L45201GJ1994PLC023920

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