Welspun Corp Acquisition Worth ₹0 Cr

Welspun Corp Results Update

Welspun Corp posted Q2FY27 EBITDA of Rs 782 crore, up 25% YoY. Record order book of about Rs 50,000 crore and new overseas capacity were also announced.

Welspun Corp Acquisition

Welspun Corp will acquire 49% of Welspun Special Coating Pvt Ltd, a step-down subsidiary, for ₹49,000 in cash, to form a pipe-coating JV with Perma-Pipe. The deal is a related-party transaction, expected to complete by 30 November 2026.

Execution

On or before 30th November, 2026

Welspun Corp Management Change

Welspun Corp re-appointed two non-executive independent directors, Manish Chokhani and Anjani Kumar Agrawal, for 48-month terms. The re-appointments take effect in 2027.

Welspun Corp Investor Presentation: Key Takeaways

Q2 FY27 revenue INR 4,644 cr (+6%), EBITDA 782 cr (+25%), PAT 499 cr (+13%). H1 PAT 1,545 cr incl. one-time gain. Record INR 50,000 cr order book; USA and Jordan capacity expansion.

Welspun Corp Q2 FY27 Results: Net Profit ₹495.1 Cr, Up 11.6% YoY

Welspun Corp Ltd reported revenue from operations of ₹4,644 Cr (+6.2% YoY) and net profit of ₹495.1 Cr (+11.6% YoY) for Q2 FY27.

Key figure

Net profit ₹495.1 Cr · +11.6% YoY

Welspun Corp Board Meeting Date

Welspun Corp Limited intimated a board meeting on 29 October 2026 to consider unaudited standalone and consolidated quarterly results for September 2026. Trading window closes 1 to 31 October 2026.

Lalithaa Jewellery Mart Acquisition

Lalithaa Jewellery Mart subscribed to 72,89,100 shares of its Malaysian arm, making it a 91% subsidiary. The subsidiary has not yet started operations, and the consideration is MYR 72,89,100.

Meesho Acquisition Worth ₹0.95 Cr

Meesho Limited will invest up to USD 1,00,000 in its wholly owned US subsidiary Meesho Networks LLC, in tranches, for AI technology business. The filing is a related-party acquisition.

Value

₹0.95 Cr

Execution

Not applicable; investment in one or more tranches, not time-bound.

Gayatri Highways Acquisition

Gayatri Highways bought shares in subsidiaries GJRL and GLRL and associate CEL for cash. GJRL and GLRL are now wholly owned; completion was October 28, 2026.

NIIT Learning Systems Acquisition Worth ₹167.2 Cr

NIIT Learning's US subsidiary acquired 100% of Texas-based Bluewater Learning, LLC for up to USD 17.6 million. The transaction, which includes earnout payments, is complete.

Value

₹167.2 Cr

MTAR Technologies Acquisition

NCLT Hyderabad sanctioned the amalgamation of two wholly owned subsidiaries into MTAR Technologies. The order is dated October 28, 2026, with the certified copy to follow.

Wipro Acquisition Worth ₹0.02 Cr

Wipro's step-down subsidiary completed its acquisition of a 20% stake in FLARRE.AI on 28 Oct 2026. The transaction amount is Rs.0.02 Crore.

Value

₹0.02 Cr