Welspun Corp to set up global treasury arm at GIFT City, Gujarat November 08, 2025

Gandhinagar: Welspun Mauritius Holdings Ltd, a wholly owned subsidiary of Welspun Corp, has announced plans to establish a new entity, Welspun Global IFSC Ltd, at Gujarat International Finance Tec-City (GIFT City). The proposed entity will operate as a Global/Regional Corporate Treasury Centre (GRCTC) under the International Financial Services Centre (IFSC) framework.

In a regulatory filing, the company stated that Welspun Global IFSC Ltd will be a step-down subsidiary of Welspun Corp, and its shares will be subscribed through cash consideration. Welspun Corp, directly and through its subsidiary Welspun Pipes Inc, currently holds 100% of Welspun Mauritius Holdings Ltd.

Several major firms, including Arcel

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