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BSE SENSEX
73,088.33
+599.34
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Corporate Announcement
Security Code
532144
Company
Welspun Corp Ltd
Exchange Received Time
21/05/2020 11:32:51
Exchange Disseminated Time
21/05/2020 11:32:57
Time Taken
00:00:06
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order |
5/21/2020 11:32:52 AM
We are pleased to inform you that since our last announcement, the Company has been awarded contracts for supply of 102 KMT of pipes. Out of these orders, 90 KMT (approx.) is for our US facility, including a large order received from one of our very prestigious North American customers for a pipeline to be commissioned in the USA. This demonstrates the confidence that customer has on our technical and executional capabilities for servicing large projects. This also reinforces our global leadership position in the line pipe business, during such challenging times.
Accordingly, the Company's order book stands at 764 KMT valued at approximately INR 6,200 Cr, after considering execution up to April 2020.
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