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Welspun Enterprises Ltd. Company History and Annual Growth Details

2007

-MSK Projects India Ltd has received orders worth Rs 34.88 Crores from Bharat Oman Refineries Ltd in respect of Civil & Structural Works for Pipeline Terminals for Vadinar Bina Pipeline Bina Refinery Project.

2008

-The Company is global No 2 in Large Diameter Pipe Business

-MSK Projects India Ltd has appointed Shri. Nirmal Gangwal as Additional Director of the Company.

2009

-The Company has been accorded 'Mega Project Status' from Andhra Pradesh Government under Industrial Promotion Policy.

-The Company has recommended a final dividend of Rs 1.50 per Ordinary Share of Rs 10/- each

-The Company acquires Vikram Ispat, the sponge iron business of Grasim Industries.

-Company introduces First Greenfield pipe facility overseas.

2010

-Company has changed its name from MSK Projects (India) Ltd. to Welspun Projects Ltd.

-The Company Foray into Energy Business.

-Acquisition of majority stake in Aziz European Pipe factory in Saudi Arabia.

2011

-Acquired 35% stake in Leighton Contractors (India) Pvt Ltd.

-The Company appointed Shri Devashish Poddar as Vice-chairman & Managing Director of the Company.

-The Company came up with new 350,000 MTPA LSAW plant in Anjar

-Welspun Completes Deal with PE Major Apollo Global

2012

-The Company goes for Overseas Capacity Expansion. Initiates new 175,000 MTPA ERW plant in USA.

-Welspun wins 125 mw solar bid in MP

-Welspun wins solar photovoltaic project in Madhya Pradesh

-Welspun Group buys 7.5% stake in Indian arm

2013

-Welspun Energy ties up funds for 130 MW solar project..


2014

-Welspun to merge group firms The Hindu.

2015
-Welspun Projects Ltd Registrar of Company has issued certificate for change of name of the Company from Welspun Projects Limited to Welspun Enterprises Limited.
-Welspun Enterprises awarded with Package 1 of the Delhi-Meerut Expressway Project
-‘India’s Wimbledon Connection’- coverage in OPEN Magazine in the July 13th issue
-Global Inclusion and Diversity Award
-Welspun India awarded “Golden Peacock Eco – Innovation Award”

2016
-Welspun Enterprises Ltd has Signing of Concession Agreement between NHAI and Welspun Delhi Meerut Expressway Private Limited, a wholly-owned subsidiary of the Company
-Welspun Enterprises achieves India's first financial closure for a Hybrid Annuity Model Project
-The Company has Achieved production and sales of 1 mn tons in Line Pipes for the fourth consecutive year


2017
-Welspun Enterprises "Incorporation of SPV for Aunta-Simaria Project".
-Welspun Enterprises bags LoA from NHAI for road project.

2018
-Welspun Enterprises bags Rs 1,460 cr road project in Maharashtra.
-Welspun Enterprises bags LOA from NHAI for road project.

2020
-Welspun launches digital campaign to raise awareness around personal hygiene.
-Welspun Corp bags contracts for supply of 102 KMT of pipes.
-Welspun Corp’s plant recognized as winner of ‘Golden Peacock National Quality award’.
-Welspun India launches anti-viral home textile products.

2021
-Welspun India joins hands with Stycheco & BeProduct.
-Welspun One launches online land buying and leasing platform.
-Welspun Group launches WoW initiative to promote gender diversity.
-Welspun India partners with ISB to empower its leadership team.
-JSW Steel completes acquisition of Welspun’s steel business.

2022
-Welspun Enterprises Bags Rs 4,636 Cr Order From Civic Body BMC.
-Welspun Enterprises Limited receives LOA for project.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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