Welspun Corp shareholders and shareholding pattern

NSE: WELCORPBSE: 532144Industrial ProductsSmall Cap

Welspun Corp Limited · Formerly Welspun Gujarat Stahl Rohren · Face value ₹5 · Listed Apr 1997 on BSE, May 2005 on NSE

₹2,499.10₹65.20 (2.54%)BSE ₹2,502.15

Share price at the NSE close on 29 Oct 2026. Previous close ₹2,564.30.

29 Oct: open ₹2,589.00, high ₹2,607.20, low ₹2,385.60

52-week range of traded prices to 29 Oct 2026

₹710.00Low, 2 Feb 2026₹2,900.00High, 29 Sep 2026

Under NSE's long-term additional surveillance, stage I, on the list for 29 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.

Market cap: ₹65,924 Cr289th largest listed
P/E: 27.84
P/B: 6.20
Dividend yield: 0.20%
ROE: 25.2%
ROCE: 17.8%
Debt to equity: 0.08
Volume, NSE: 15,19,90125.0% delivered

Welspun Corp's shareholding pattern for Sep 2026, filed on 20 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Welspun Corp, filing by filing

Per cent of all the company's shares, counting those held against depositary receipts traded abroad where a filing has them.

Sep 2026 filing

Promoters47.46%
Foreign institutions23.09%
Indian institutions16.36%
GovernmentsNone
Individuals and others13.05%
Employee trusts0.03%
Depositary receiptsNone

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others
Employee trusts
Depositary receipts

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	45.99%	45.99%	48.25%	48.25%	48.25%	48.25%	48.25%	48.74%	48.65%	48.98%	48.98%	48.98%	49.03%	49.03%	47.49%	48.22%	50.02%	50.02%	50.01%	50.01%	50.01%	50.01%	50.01%	49.90%	49.90%	49.99%	49.99%	49.96%	49.96%	50.14%	50.03%	50.01%	50.01%	50.01%	49.84%	49.77%	49.73%	49.73%	49.73%	47.46%
Indian promoters	43.62%	43.62%	45.88%	45.88%	45.88%	45.88%	45.88%	46.37%	46.37%	46.71%	46.71%	46.71%	47.49%	47.49%	47.49%	48.22%	50.02%	50.02%	50.01%	50.01%	50.01%	50.01%	50.01%	49.90%	49.90%	49.99%	49.99%	49.96%	49.96%	50.14%	50.03%	50.01%	50.01%	50.01%	49.84%	49.77%	49.73%	49.73%	49.73%	47.46%
Foreign promoters	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.28%	2.27%	2.27%	2.27%	1.54%	1.54%	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
	45.33%	54.01%	51.75%	51.75%	51.75%	51.75%	51.75%	51.26%	51.35%	51.02%	51.02%	51.02%	50.97%	50.97%	52.51%	51.78%	49.98%	49.98%	49.99%	49.99%	49.99%	49.99%	49.99%	50.10%	50.10%	50.01%	50.01%	50.00%	50.00%	49.83%	49.94%	49.96%	49.96%	49.96%	50.13%	50.20%	50.24%	50.24%	50.24%	52.51%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9.03%	7.96%	7.27%	7.77%	9.42%	10.56%	10.70%	10.51%	11.65%	11.72%	12.18%	12.14%	11.80%	11.44%	11.23%	14.61%	23.09%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	7.96%	6.32%	6.79%	8.49%	9.70%	10.11%	9.71%	10.70%	10.96%	10.89%	10.65%	10.83%	10.36%	10.36%	13.44%	21.28%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9.03%	0.00%	0.95%	0.99%	0.93%	0.86%	0.59%	0.80%	0.95%	0.75%	1.29%	1.48%	0.96%	1.09%	0.87%	1.17%	1.81%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15.21%	15.31%	15.77%	15.40%	16.45%	16.59%	17.57%	15.86%	17.64%	20.19%	20.49%	20.72%	20.88%	20.54%	21.49%	19.95%	16.36%
Mutual funds	1.29%	1.29%	1.29%	1.01%	0.09%	–	Under 0.01%	Under 0.01%	Under 0.01%	0.31%	3.02%	3.11%	4.14%	4.47%	3.80%	4.23%	4.21%	5.17%	4.39%	3.77%	2.57%	4.29%	4.63%	4.48%	3.04%	3.09%	3.32%	3.99%	4.96%	6.35%	5.54%	6.70%	8.98%	9.25%	9.33%	9.47%	9.24%	9.86%	9.06%	7.57%
Insurance companies	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.92%	0.93%	0.93%	0.10%	0.10%	0.10%	0.10%	0.10%	3.59%	4.11%	4.97%	5.94%	6.71%	8.00%	8.34%	7.60%	6.61%	5.03%	4.09%	4.08%	4.28%	4.75%	4.77%	4.80%	4.83%	4.77%	4.77%	5.14%	4.98%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	Under 0.01%	Under 0.01%	–	–	0.01%
Alternative investment funds	–	–	–	–	–	0.27%	0.28%	0.29%	0.29%	0.29%	0.29%	0.29%	0.60%	0.74%	0.44%	0.44%	–	0.01%	0.04%	0.04%	0.04%	0.04%	0.00%	0.00%	Under 0.01%	Under 0.01%	0.04%	0.93%	1.24%	1.55%	0.12%	0.43%	0.37%	0.29%	0.37%	0.36%	0.39%	0.41%	0.45%	0.29%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.02%	4.28%	4.34%	4.44%	4.92%	5.37%	5.58%	6.11%	6.24%	6.09%	6.19%	6.22%	6.23%	6.15%	6.45%	5.31%	3.48%
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	0.04%
Trust	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.02%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	Under 0.01%	Under 0.01%	Under 0.01%	–
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	25.85%	26.82%	26.96%	26.83%	24.11%	22.85%	21.56%	23.57%	20.67%	18.06%	17.29%	17.27%	17.52%	18.25%	17.51%	15.67%	13.05%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.27%	8.78%	8.91%	8.98%	8.30%	8.16%	8.71%	9.40%	8.53%	7.62%	7.58%	7.44%	7.56%	7.88%	7.39%	7.24%	7.27%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.28%	8.32%	8.69%	8.40%	7.45%	6.78%	6.20%	6.27%	5.01%	4.51%	4.22%	3.95%	3.93%	4.05%	4.09%	3.19%	1.68%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.55%	6.66%	6.41%	7.12%	6.34%	5.41%	4.42%	5.30%	4.18%	3.18%	3.34%	3.44%	2.96%	3.26%	3.08%	2.54%	1.89%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.79%	0.80%	0.84%	0.95%	0.84%	0.77%	0.87%	0.96%	0.91%	0.88%	0.77%	0.79%	0.79%	0.76%	0.79%	0.72%	0.64%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	Under 0.01%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.08%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.10%	0.10%	0.09%	0.09%	0.10%	0.10%	0.10%	0.10%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	Under 0.01%	0.20%	0.20%	0.20%	0.20%	0.54%	0.68%	0.60%	0.60%	0.60%	0.48%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.70%	1.99%	1.83%	1.12%	0.93%	1.46%	1.26%	1.34%	1.74%	1.57%	1.07%	1.01%	1.51%	1.61%	1.47%	1.29%	0.99%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	0.03%	0.05%	Under 0.01%	Under 0.01%	0.02%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.48%	0.56%	0.45%	0.44%	0.30%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.83%	1.15%	1.10%	1.08%	0.92%	0.90%	0.86%	0.92%	0.80%	0.68%	0.65%	0.62%	0.61%	0.62%	0.60%	0.48%	0.44%
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.79%	0.80%	0.68%	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	0.03%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.02%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Director or Director's Relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.54%	0.39%	0.41%	0.93%	0.89%	0.40%	0.40%	0.40%	0.43%	0.42%	0.36%	0.25%
Employee trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Depositary receipts	8.68%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Shares in issue	26,52,26,109	26,52,26,109	26,52,26,109	26,52,26,109	26,52,26,109	26,52,26,109	26,52,26,109	26,52,26,109	26,52,26,109	26,52,26,109	26,52,26,109	26,52,26,109	26,08,69,395	26,08,84,395	26,08,84,395	26,08,84,395	26,08,84,395	26,08,84,395	26,09,49,395	26,09,49,395	26,09,49,395	26,09,49,395	26,09,49,395	26,15,14,395	26,15,29,395	26,15,29,395	26,15,29,395	26,16,66,895	26,16,66,895	26,16,66,895	26,22,24,895	26,23,49,395	26,23,49,395	26,23,49,395	26,32,21,895	26,36,06,895	26,37,90,645	26,37,90,645	26,37,90,645	26,37,90,645
Shares locked in	0	15,53,910	15,53,910	2,27,781	2,27,781	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Shares underlying depositary receipts	2,30,26,000	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Welspun Corp shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	60,747	58,103	56,292	56,227	57,378	56,143	56,351	54,311	54,332	54,278	53,298	52,833	52,429	56,496	71,525	71,071	75,120	78,355	1,00,828	1,14,347	1,01,533	92,532	92,826	96,690	87,643	85,794	83,315	82,058	99,284	1,19,466	1,23,491	1,16,485	1,17,368	1,28,471	1,28,466	1,31,026	1,31,326	1,22,338	1,38,939	1,71,689
	7	7	8	8	8	8	8	8	8	8	8	8	8	8	7	7	7	7	7	7	7	7	8	8	8	8	8	8	8	8	8	8	8	9	9	9	9	9	9	9
Indian promoters	6	6	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	8	8	8	8	8	8	8	8	8	8	8	9	9	9	9	9	9	9
Foreign promoters	1	1	1	1	1	1	1	1	1	1	1	1	1	1	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
	60,739	58,096	56,284	56,219	57,370	56,135	56,343	54,303	54,324	54,270	53,290	52,825	52,421	56,488	71,518	71,064	75,113	78,348	1,00,821	1,14,340	1,01,526	92,525	92,818	96,682	87,635	85,786	83,307	82,049	99,275	1,19,457	1,23,482	1,16,476	1,17,359	1,28,461	1,28,456	1,31,016	1,31,316	1,22,328	1,38,929	1,71,679
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	125	106	101	104	116	163	177	159	159	170	217	237	241	198	180	233	360
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	106	94	95	107	148	157	139	140	155	191	210	218	175	165	217	333
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	125	0	7	9	9	15	20	20	19	15	26	27	23	23	15	16	27
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10	12	13	14	23	28	37	26	27	28	31	41	45	42	42	67	75
Mutual funds	1	1	1	1	1	–	1	1	1	2	2	4	4	4	4	4	4	5	5	5	5	6	6	6	8	9	9	9	11	13	13	15	18	19	23	25	24	25	30	31
Insurance companies	1	1	1	1	1	1	1	1	1	1	1	2	2	2	1	1	1	1	1	2	2	2	2	1	1	1	1	2	2	4	3	3	3	5	7	9	6	5	13	14
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	1	1	–	–	2
Alternative investment funds	–	–	–	–	–	1	1	1	1	1	1	1	2	2	1	1	–	1	1	1	1	1	0	0	1	1	2	10	13	18	6	7	5	5	9	7	9	10	21	23
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	4	2	2	2	2	3	2	2	3	3
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	2
Trust	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	2	2	2	1	1	1	1	1	1	1	1	2	2	2	1
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	0	0	0	0	0	0	–	–	1	1	1	–
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	1	1	1	1	1	1	1	1	1	1	1	1	1	1	–
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	96,546	87,516	85,670	83,187	81,908	99,083	1,19,242	1,23,296	1,16,289	1,17,160	1,28,212	1,28,177	1,30,729	1,31,074	1,22,104	1,38,627	1,71,243
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	92,525	83,480	81,578	79,082	77,893	94,746	1,14,170	1,17,587	1,10,726	1,11,671	1,22,214	1,22,010	1,24,622	1,24,853	1,16,063	1,30,960	1,62,127
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	96	102	122	112	90	79	78	86	74	68	54	54	56	63	63	52	39
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	540	573	562	635	613	580	756	828	885	726	766	825	759	767	717	991	1,236
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,743	1,669	1,721	1,721	1,802	2,041	2,371	2,851	2,754	2,943	3,280	3,318	3,303	3,321	3,299	4,254	5,158
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	1
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	3	2	2	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,639	1,689	1,684	1,634	1,507	1,634	1,864	1,940	1,847	1,749	1,896	1,968	1,987	2,068	1,960	2,368	2,680
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	81	44	28	9	7	8	7	8	9	10	9	10	45	48	44	58	58
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,504	1,590	1,607	1,621	1,498	1,560	1,773	1,842	1,738	1,658	1,794	1,845	1,833	1,903	1,803	2,132	2,556
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	–
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	50	51	46	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	2	3	1	3	8	7	5	6	7	10	10	8	8	8	9
Director or Director's Relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	62	75	82	94	74	85	102	98	108	104	169	57
Employee trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	1	1	1	1	1	1	1	1	1	1	1	1	1

Welspun Corp promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Balkrishan Goenka, trustee of Welspun Group Master Trust, 44.55%. The filing names 175 more members with no shares.Promoter buying and selling

Holder
Balkrishan Goenka, trustee of Welspun Group Master TrustIndian companies, trusts and others	44.55%	11,75,13,807
ARYABHAT VYAPAR PRIVATE LIMITEDIndian companies, trusts and others	2.62%	69,15,000
WELSPUN INVESTMENTS AND COMMERCIALS LIMITEDIndian companies, trusts and others	0.29%	7,58,000
RRM ENTERPRISES PRIVATE LIMITEDIndian companies, trusts and others	0.00%	449
Balkrishan Gopiram GoenkaIndividuals and Hindu undivided families	0.00%	140
Dipali B. GoenkaIndividuals and Hindu undivided families	0.00%	2
Rajesh MandawewalaIndividuals and Hindu undivided families	0.00%	200
Sitadevi MandawewalaIndividuals and Hindu undivided families	0.00%	1,000
B. K. Goenka Family Trust (Balkrishan Goenka)Indian companies, trusts and others	0.00%	5

No promoter shares are reported as pledged.

Largest public holders of Welspun Corp, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Welspun Corp

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Life Insurance Corporation of IndiaInsurance companies	–	5.40%	7.27%	7.27%	7.27%	7.27%	7.27%	7.27%	7.27%	4.54%	3.43%	3.43%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	4.01%	4.87%	5.89%	6.71%	8.00%	8.34%	7.60%	4.93%	4.08%	4.08%	4.07%	4.27%	4.73%	4.73%	4.72%	4.71%	4.71%	4.71%	4.71%	4.27%
Authum Investment and Infrastructure LimitedNon-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	2.47%	–	2.18%	2.21%	2.33%	3.14%	3.25%	3.48%	3.85%	4.20%	4.02%	4.27%	4.34%	4.43%	4.92%	5.36%	5.58%	6.11%	6.24%	6.09%	6.19%	6.22%	6.23%	6.15%	6.45%	5.31%	3.47%
SMALLCAP WORLD FUND, INCForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.48%	3.06%
FIDELITY SECURITIES FUND: FIDELITY BLUE CHIP GROWTH FUNDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.10%	1.20%	1.20%	1.20%	1.19%	1.79%	1.90%	1.90%	1.90%
NEW WORLD FUND INCForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.29%
EUPAC FUNDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.12%
Akash BhanshaliResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	3.01%	–	–	–	–	–	–	–	–	2.84%	2.53%	2.53%	2.49%	2.31%	2.29%	2.29%	2.29%	2.29%	2.29%	2.29%	1.88%	1.88%	1.46%	1.28%	1.22%	–	–	–	–	–	–
Abu Dhabi Investment Authority - MonsoonForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.02%	9.70%	1.22%	–	–	–	–	–	–	–	–	–	–
Max Life Insurance Co Ltd A/C Participating FundInsurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.68%	–	–	–	–	–	–	–	–	–	–	–	–
Capri Global Holdings Private LimitedOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.13%	1.13%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Goldman Sachs Funds - Goldman Sachs India Equity PortfolioInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.20%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Wisdomtree Emerging Markets Smallcap Dividend FundInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.00%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Goldman Sachs India LimitedInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	–	–	–	–	–	1.41%	1.26%	1.26%	1.23%	1.20%	1.20%	1.20%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Akash BhansaliResident individuals, over ₹2 lakh at face value	–	2.92%	2.92%	2.92%	2.92%	–	2.97%	3.00%	3.00%	–	3.01%	3.09%	3.14%	3.14%	3.14%	3.14%	3.14%	3.14%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Intech Metals S.A.Other non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.54%	1.54%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ICICI Bank LimitedFinancial Institution Or Banks	–	–	–	–	–	–	–	–	–	–	–	1.05%	–	–	1.73%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Jm Financial Services LimitedOther non-institutions	1.36%	–	–	–	–	–	–	–	–	–	–	–	–	1.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Mentor Capital LimitedOther non-institutions	1.53%	1.47%	1.72%	1.78%	1.73%	–	–	–	–	1.95%	1.97%	2.00%	2.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Alpana S. DangiResident individuals, over ₹2 lakh at face value	–	1.66%	2.05%	2.05%	2.05%	2.02%	2.02%	2.02%	1.73%	1.75%	1.68%	1.38%	1.95%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Granele LimitedOther non-institutions	11.01%	10.63%	8.21%	7.21%	7.21%	7.21%	7.21%	7.21%	7.21%	7.21%	7.21%	7.21%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Aditya Birla Sun Life Insurance Company LimitedOther non-institutions	–	–	–	–	–	–	–	–	–	–	1.06%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Insight Solutions LtdOther non-institutions	–	8.68%	–	8.68%	8.68%	8.68%	8.68%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Akash Manek BhanshaliResident individuals, over ₹2 lakh at face value	–	–	–	–	–	2.97%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Life Insurance Corporation of India & Its schemeFinancial Institution Or Banks	7.27%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Akash BansaliResident individuals, over ₹2 lakh at face value	2.92%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Jun 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

Foreign institutions: SMALLCAP WORLD FUND, INC 3.06%, +1.58 pts; NEW WORLD FUND INC newly named at 1.29%; EUPAC FUND newly named at 1.12%
Indian institutions: Authum Investment and Infrastructure Limited 3.47%, −1.84 pts; Life Insurance Corporation of India 4.27%, −0.44 pts