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Welspun Corp Expands with New Subsidiary in Gift City

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Welspun Corp Expands with New Subsidiary in Gift City

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Welspun Corp Limited ( (IN:WELCORP) ) just unveiled an announcement.

Welspun Corp Limited has announced the incorporation of a new step-down wholly owned subsidiary, Welspun Global IFSC Limited (WGIFSC), in Gujarat International Finance Tec-City (Gift City), Gujarat, India. This strategic move aims to enhance the company’s global and regional corporate treasury activities within the International Financial Services Centre (IFSC) framework, potentially strengthening its financial operations and market positioning.

More about Welspun Corp Limited

Welspun Corp Limited operates in the financial services industry, focusing on corporate treasury operations. The company is known for its involvement in various financial and treasury activities, aiming to enhance its market presence through strategic incorporations and expansions.

Average Trading Volume: 48,638

Technical Sentiment Signal: Buy

Current Market Cap: 210.3B INR

For detailed information about WELCORP stock, go to TipRanks’ Stock Analysis page.

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