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Welspun Corp will acquire 49% of Welspun Special Coating Pvt Ltd for ₹49,000 in cash, forming a pipe-coating joint venture with Perma-Pipe. The related-party transaction is expected to complete by 30 November 2026.
“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.”alfafinder.com
Summarized from public sources; check the original articles before acting on it.