Welspun Corp transfers 22% EPIC stake between subsidiaries; deal worth SAR 979 MnWelspun Corp transfers 22% EPIC stake between subsidiaries; deal worth SAR 979 Mn

Introduction

Leading steel and pipe manufacturer completed an intragroup transfer of 22% equity in its associate company EPIC between wholly owned subsidiaries for SAR 979.90 million.

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Share price movement of Welspun Corp

On March 25, 2026, Welspun Corp Ltd opened at ₹818.95, up 2.09% from its previous close of ₹802.10. The stock reached a high of ₹836.90 (4.27%) and a low of ₹805.00. By 12:02 PM, it traded at ₹833.55, a 3.92% increase, with a market cap of ₹21,988.27 crore.

Welspun Corp Completes EPIC Transfer

Welspun Corp Limited completed an intragroup transfer of 69,30,000 equity shares, representing 22% stake in East Pipes Integrated Company for Industry (EPIC) from WMHL to WPI.

The transaction, valued at SAR 979.90 million, was executed on Tadawul Stock Exchange and conducted on an arm’s length basis between wholly owned subsidiaries.

Post-transfer, EPIC moves from WMHL to WPI as an associate company. The transaction does not affect Welspun Corp Limited’s ultimate ownership, operations, financial position, or profitability.

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

Welspun Corp Ltd delivered a 1-week return of -2.36%, a 6-month return of -6.82%, and a 1-year return of -3.26%.

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Shareholding pattern of Welspun Corp

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	49.70%	50%	49.80%
FII	12%	12%	12%
DII	20.60%	20.90%	20.70%
Public	18%	18%	17.30%

About Welspun Corp

Welspun Corp Ltd (NSE: WELCORP) is a leading global manufacturer of large diameter pipes, steel products, and building materials, with strategic acquisitions expanding its portfolio.

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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.

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