In a key financial development, Welspun Enterprises Limited has approved raising ₹1,000 crore by issuing 1,90,47,619 crore warrants, each carrying an option to subscribe to one equity share of face value ₹10 at an issue price of ₹525. The fundraising will take place through a preferential issue on a private placement basis, subject to shareholder and regulatory approvals.
According to the company’s exchange filing, the warrants will be convertible into equity shares within 18 months from the date of allotment. The board has also scheduled an Extraordinary General Meeting (EGM) on November 7, 2025, to seek shareholder approval for the proposal.
The preferential issue includes both promoter and non-promoter entities, with Balkrishan Goenka (Trustee of Welspun Group Master Trust) subscribing to 71.23 lakh warrants as a promoter. Other notable investors include Authum Investment & Infrastructure, Aryavardhan Trading LLP, Garnet Shelters Pvt Ltd, and Geecee Ventures Ltd, among others.
Read More: Welspun Enterprises to Consider Fundraising, Reports L1 Status for ₹10,445 Crore Projects!
As of October 15, 2025, at 2:20 PM, Welspun Enterprises share price is trading at ₹560.85 per share, reflecting a gain of 6.29% from the previous closing price.
Welspun Enterprises’ decision to raise ₹1,000 crore via warrants underscores its focus on capital expansion and long-term strategic growth. With diversified investor participation, the move is poised to strengthen the company’s balance sheet and support its infrastructure development pipeline.
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Published on: Oct 15, 2025, 3:00 PM IST
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