Welspun Enterprises Jumps 6.32% After It Approves ₹1,000 Crore Fundraise via Preferential Issue

Mumbai, October 15: Welspun Enterprises Limited’s share price witnessed heavy investor demand today, after the company announced that its board has approved raising up to ₹1,000 crore through a preferential issue of warrants on a private placement basis. As of 2:31 PM, the shares were up by 6.32%, or 33.35 points, and were trading at ₹561. Until now, the shares have traded within a range of ₹578.30 and ₹528.75. The traded volume stood at 17.86 lakh shares, with the company’s market cap at ₹7,303 crore. The shares have their 52-week high at ₹655 and their 52-week low at ₹400.05.

Welspun Enterprises Limited is an Indian company that is engaged in providing construction and development services in the infrastructure sector. The company was established in 1994 and is headquartered in Mumbai, Maharashtra. The shares of the company are listed on NSE with the ticker symbol WELENT and on BSE with the code 532553.

Approval of ₹1,000 Crore Fundraise via Preferential Issue

Welspun Enterprises’ board has approved a plan to issue 1,90,47,619 convertible warrants to raise a total of ₹1,000 crore. The warrants will be issued at a price of ₹525 each on a preferential private placement basis. Each warrant can be converted into one equity share of the company within 18 months from the date of allotment. The company will seek shareholder approval for this issuance at an Extraordinary General Meeting (EGM) scheduled for November 7, 2025. According to Annexure I of the filing, Balkrishan Goenka (Trustee of Welspun Group Master Trust) will receive the largest allotment, followed by Authum Investment & Infrastructure Ltd and Aryavardhan Trading LLP. In total, 13 investors were allotted 1,90,47,619 warrants.

REF: https://nsearchives.nseindia.com/corporate/WELENT_15102025125432_OutcomeFinal_.pdf

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