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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

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