Welspun Corp said on Wednesday, August 7 that its associated firm has secured several contracts totalling around ₹525 crore for the manufacturing and supply of steel pipes and coating. The duration of the contract is 24 months.
According to the company, the contract’s financial impact will be noticed from the fourth quarter of the fiscal year until the third quarter of the fiscal year 2026-27.
As per the filing, the compy shared, “EPIC is Saudi Arabia’s leading manufacturer of Helical Submerged Arc Welded (HSAW) pipes. Its fully integrated manufacturing facilities with impeccable track record of execution of mega orders in time & Quality with customer centric approach, positions them as a most preferred supplier in the KSA market and continue to pioneer in supporting KSA’s strategic objectives under the Vision 2030.”
As of 11:26 am, Welspun Corp shares were trading 2.53% higher at Rs 648.85 on the NSE.
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