# Welspun Corp to acquire 49% of Welspun Special Coating for pipe-coating JV with Perma-Pipe

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.

- Type: Acquisition
- Announced: 2026-10-13
- Where: India
- Status: announced
- Products: pipe coating
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Welspun Corp](https://endata.com/companies/5773.md) (acquirer)
- [Welspun Special Coating Private Limited](https://endata.com/companies/15381.md) (target)
- [Perma-Pipe](https://endata.com/companies/94570.md) (partner)

## Sources

- [alfafinder.com](https://alfafinder.com/filings/welspun-corp/2026-10-13-merger-restructuring-bmvuogyh/), 2026-10-13: "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."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.