Deals15 Mar 2025, 05:00 pm
Welspun Specialty Solutions Ltd Secures Rs. 231.78 Crore Contract from BHEL
AI Summary
Welspun Specialty Solutions Ltd has been awarded a formal Purchase Contract by BHEL for the supply of approximately 4,050 tons of Stainless Steel Seamless Boiler Tubes. The contract, valued at Rs. 231.78 Crore excluding GST, is expected to be executed progressively over the next 13 months starting from April 2026. This transaction is not a related party transaction and is done at arm’s length basis, complying with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information.
Key Highlights
- Welspun Specialty Solutions Ltd secures a contract worth Rs. 231.78 Crore from BHEL
- The contract is for the supply of approximately 4,050 tons of Stainless Steel Seamless Boiler Tubes
- The contract is expected to be executed progressively over the next 13 months
- The transaction is not a related party transaction and is done at arm’s length basis
- The deal complies with SEBI regulations and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information