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    WELSPUN SPECIALTY SOLUTIONS LTD.

    08 October 2026 | 01:19

    Industry >> Steel - Seamless Tubes

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    ISIN No INE731F01037 BSE Code / NSE Code 500365 / WELSPLSOL Book Value (Rs.) 6.97 Face Value 6.00
    Bookclosure 01/03/2025 52Week High 63 EPS 0.34 P/E 146.90
    Market Cap. 3328.96 Cr. 52Week Low 36 P/BV / Div Yield (%) 7.21 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The company has been promoted by Shri V.C.Saraf and Shri R.C.Saraf along with the Remi Group of concerns, and their NRI associates, the Doshi Group of Kenya, together with the Gujarat Industrial Investment Corporation Ltd., in the associate sector and Essar Gujarat Ltd., as Non-core Promoter. Remi Metals Gujarat Ltd., (RMGL) was incorporated as a Public Limited Company under the Companies Act, 1956, in the State of Maharashtra under the name and style of Remi Metals Ltd., Pursuant to a Resolution passed at the Extra-Ordinary General Meeting of the members of the company held on 23rd January, 1993 the name of the company was changed to Remi Metals Gujarat Ltd. The immediate object of the company is to implement a Project involving setting up facilities for the manufacture of 70,000 tpa of carbon alloy seamless pipes/tubes as also 100,000 tpa of in-house steel manufactuing and rolling capacity. 2011 -RMG Alloy Steel appointed Shri R. R. Mandawewala as a Director of the Company. 2012 -RMG Alloy Steel appointed Shri Shashank Chaturvedi as an additional director and also as an executive director of the Company. 2013 -RMG Alloy Steel appointed Shri Ashok Jain as a Director of the Company. -Company has changed its name from Remi Metals Gujarat Ltd to RMG Alloy Steel Ltd. 2019 -Company name has changed to Welspun Specialty Solutions Ltd. from RMG Alloy Steel Ltd. 

    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. 
    -Welspun India launches `Welspun Health' Textile Magazine. 
    -Welspun India has recently booked sale orders of Stainless Steel seamless pipes & tubes aggregating to Rs.19.48 Crore from domestic buyers

    2021 
    -Welspun Flooring Launches Its First Experience Center In Hyderabad. 
    -Welspun India joins hands with Stycheco & BeProduct. 
    -Welspun One launches online land buying and leasing platform. 
    -Welspun India partners with ISB to empower its leadership team. 
    -JSW Steel completes acquisition of Welspun's steel business. 

    2022 
    -Welspun Specialty Solutions receives Rs 15.97 cr in arbitral award. 
    -Welspun Specialty Solutions got an extremely prestigious order of Nickel alloy grade pipes for domestic supplies valued Rs.17 crores (approximately). 

    2023 
    -The Company has entered into the Memorandum of Understanding ('MoU') with Mishra Dhatu Nigam Limited , a Government of India Enterprise, under the Ministry of Defence. 

    2024 
    -The Company has been notified as L1 bidder by Bharat Heavy Electricals Ltd for supply of Seamless Stainless Steel Boiler Tubes for National Thermal Power Corporation Talcher 2 X 660 MW Super Critical Thermal Power Project.

    2025
    -The company issued rights shares of Rs. 6 in the ratio of 1:4 at a premium of Rs. 20.4 per share.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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