Welspun Corp Limited acquires 49% stake in Welspun Special Coating for Rs 49,000 Back
<p>Welspun Corp Limited has completed the acquisition of a 49% equity stake in Welspun Special Coating Private Limited (“WSCPL”) from Welspun DI Pipes Limited (“WDI”) for an aggregate consideration of Rs 49,000, forming a joint venture with Perma-Pipe Qatar, which acquired the remaining 51% stake from WDI for Rs 51,000.</p>