Welspun Living Ltd
NSE: WELSPUNLIV BSE: 514162
₹118.68
(1.46%)
Wed, 11 Mar 2026, 07:09 pm
Market Cap112.08B
PE Ratio48.59
Dividend1.40
Consumer Non-Durables
Consumer Sundries
24.5KCompany History
1985
- Welspun (I) Limited was incorporated as a Private Limited Company in the name and style of Welspun Winilon Silk Mills Pvt. Ltd. at Mumbai
1986
- A yarn texturising unit was established at Palghar, District Thane
1989
- Another texturising unit of the same capacity was set up at Silvassa
1990
- A modern polyester filament flat yarn manufacturing unit was set up at Achhad, District Thane
1991
- The capacity of the company increased from 2,200 MT to 3,500 MT per annum
- 18,00,000 shares were issued, with 90,000 shares reserved and allotted to employees
1993
- The company undertook to set up a cotton spinning project with 15,000 spindles at Village Morai, near Vapi, Gujarat
- The company proposed to set up a POY project with a capacity of 15,000 MTPA at Silvassa
- The company issued equity shares of Rs 10 each at a premium of Rs 40 per share
1994
- The company expanded its terry towel production capacity from 3100 MTPA to 5200 MTPA
- The company set up a power generating set for 4.10 MW
- The company set up a speciality polyester filament yarn project with a capacity of 14500 MTPA
- The company proposed to issue equity shares of Rs 10 each for cash at a premium of Rs 50 per share
- 101,05,000 shares were issued on a rights cum public issue
1995
- 21,584 spindles and 240 rotors were added to the cotton spinning division
- The name of the company was changed from Welspun Polyesters (India) Ltd to Welspun India Ltd
- 7,50,000 preference shares were issued during the year
1996
- The polyester yarn division at Silvassa was leased to Welspun Syntex Ltd
- The company decided to add 36 electronic Jacquard looms
- The company proposed to establish a 100% EOU for manufacturing terry towels for exports at Vapi, Gujarat
- The company entered into a joint venture agreement with Vincenzo Zucchi SPA, Italy
2000
- A wholly-owned subsidiary, Welspun USA Inc, was incorporated in the USA
- The company demerged its cotton yarn unit into a separate company
2001
- The spinning division of the company was demerged into a separate company, Welspun Cotton Yarn Ltd
- Credit Rating and Information Services of India Ltd downgraded the company's rating from 'B' to 'D'
2004
- Welspun India bagged the International Vendor of the Year award from WAL-MART
- Welspun India won the operational excellence award for 2003
- Angshuman Singh was appointed as the CEO of Welspun India
2005
- The company delisted its equity shares from The Stock Exchange Ahmedabad
2006
- Ms Revathy Ashok was appointed as an Additional Director of the company
2008
- Mr. Ram Gopal Sharma was appointed as an additional director of the company
- The registered office of the company was shifted to Welspun City, Village Versamedi, Taluka Anjar, Dist. Kutch, Gujarat
2009
- Mr. B K Goenka was appointed as the Chairman and Managing Director of the company
- Mr. Shashikant Thorat was appointed as the Assistant Company Secretary and Compliance Officer
2010
- Welspun India successfully priced a Qualified Institutions Placement of Rs. 156.03 Crore
2011
- Mr. B.K. Goenka was appointed as the Executive Chairman and Mr. Rajesh R. Mandawewala as the Managing Director
2012
- Mr. Arun Todarwal was appointed as an additional director of the company
- Welspun India recommended an interim dividend of Rs 2 per equity share
2013
- Welspun Corp announced the sale of its stake in Leighton Welspun India for USD 99 million
- Welspun India recommended a dividend at the rate of 20% for the financial year
- Welspun India allotted 41,000 equity shares under ESOP and increased its paid-up share capital
- Mrs. Dipali Goenka was appointed as an Executive Director of the company
2014
- Welspun Corp bagged new orders to take its order book to Rs. 5,800 crores
- Welspun India recommended a dividend at the rate of 30% for the financial year
- Welspun India allotted 23,500 equity shares to employees who exercised their options under the ESOP scheme
2015
- Welspun Enterprises was awarded Package 1 of the Delhi-Meerut Expressway Project
- Welspun commissioned a 32 MW solar power plant in Bathinda
- Welspun India introduced an online retail portal
2016
- Welspun India forayed into flooring solutions with the foundation stone laying of a state-of-the-art facility in Anjar, Gujarat
- Welspun India expanded its product portfolio to include flooring solutions with a carpet plant
2018
- Welspun India incorporated a subsidiary in Delaware, USA
2020
- Welspun India resumed partial operations at its manufacturing facilities in Gujarat
2021
- Welspun Group announced an initiative to provide equal opportunity for its female staff
- Welspun India Limited was recognized for its sustainability and inclusivity-led efforts at the Greentech Foundation Awards 2021
- Welspun Group provided support to families of deceased employees amid the COVID wave
- Welspun India launched 'Manthan' to promote innovation and inclusivity
- Welspun India partnered with ISB to empower its leadership team
2022
- Welspun India acquired a 26% stake in Clean Max Thanos
- Welspun India approved an investment in equity shares to acquire up to 26% equity share capital of a proposed SPV for a renewable energy project in Gujarat
2023
- The company name was changed from Welspun India Ltd. to Welspun Living Ltd.
- The company entered into a brand licensing agreement with Walt Disney for the EMEA region
- The company won the GOLD Award for 2021-2022
2024
- Welspun Living acquired Christy Home Inc through its subsidiary Welspun USA Inc.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800