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Welspun Corp shifts 100% ownership of KSA pipe company in $8M deal

News by Aliceblue News Desk

13 Feb 2026

Welspun Corp shifts 100% ownership of KSA pipe company in $8M deal

Introduction

Leading pipe manufacturer approved transfer of 100% stake in Welspun Pipes Company KSA between subsidiaries for USD 8 million, subject to regulatory approvals.

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Share price movement of Welspun Corp

On February 13, 2026, Welspun Corp Ltd opened at ₹830.40, unchanged from its previous close of ₹830.40. The stock reached a high of ₹831.00 (0.07%) and a low of ₹802.25. By 11:10 AM, it traded at ₹806.95, down 2.82%, with a market cap of ₹21,286.59 crore.

Welspun Unit Stake Transfer

Welspun Global Holdings Limited approved acquisition of 100% equity stake in Welspun Pipes Company KSA from Welspun Mauritius Holdings Limited for USD 8 million, subject to regulatory approvals.

The transaction is an inter group transfer between wholly owned subsidiaries of Welspun Corp Limited. It will not change ultimate ownership or materially impact operations, financial position, or profitability.

Welspun Pipes Company operates in manufacturing of pipes, tubes and hollow steel shapes. The transfer aims to streamline overseas holding structure and is expected to complete by June 30, 2026.

Stock performance of Welspun Corp for period of 1 week, 6 months, and 1 year

Welspun Corp Ltd gained 0.76% over the past week and declined 5.79% in the past six months. The stock rose 4.78% over the past one year.

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Shareholding pattern of Welspun Corp

ParticularsDec 2025Sep 2025Jun 2025
Promoter49.70%49.80%49.80%
FII11.50%11.80%12.10%
DII20.60%20.90%20.70%
Public18.30%17.50%17.30%

About Welspun Corp

Welspun Corp Ltd (NSE: WELCORP) is a global large diameter pipe manufacturer producing steel billets, TMT rebars, DI pipes, stainless steel tubes, and building materials.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Welspun Corp Ltd share price in focus today?

A: Welspun Corp Ltd will transfer 100% stake in Welspun Pipes Company KSA between subsidiaries for USD 8 million, subject to approvals.

Q: What is Welspun Corp Ltd’s main business focus?

A: Welspun Corp Ltd manufactures large diameter pipes, steel billets, TMT rebars, DI pipes, stainless steel pipes, and building materials.

Q: What are the 52-week high and low of Welspun Corp Ltd stock?

A: Welspun Corp Ltd stock has a 52 week high of ₹994.60 and a 52 week low of ₹665.70.

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