Step-down wholly owned subsidiary incorporated in Jordan with Jordanian Dinar 50,000 paid-up capital
Welspun Global Holdings Limited (WGHL), DIFC, UAE, a wholly owned subsidiary, has incorporated a wholly owned subsidiary named Welspun Global Jordan (WGJ) in Jordan, effective 12 October 2026.
By ScoutQuest · · 1 min read
- Paid-up Share Capital
- Jordanian Dinar 50,000
- Incorporation Effective Date
- 12 October 2026
- Certificate Issuing Authority
- Companies Control Department, Jordan
What has been announced
WGHL, DIFC, UAE, a wholly owned subsidiary of the company, has incorporated a wholly owned subsidiary named Welspun Global Jordan (WGJ) in Jordan. The update follows the company's earlier disclosure dated 18 September 2026 on the same subject.
Key details of the incorporation
- WGJ has been incorporated with effect from 12 October 2026.
- The Certificate of Registration has been received, issued by the Companies Control Department, Jordan.
- WGJ is a step-down wholly owned subsidiary, meaning it is owned by WGHL, which is itself wholly owned by the company.
- The initial paid-up share capital of WGJ is Jordanian Dinar 50,000, fully subscribed by WGHL.
The business WGJ will carry on
- Manufacturing, producing, processing and fabricating wires, tubes and pipes of iron and steel.
- Making line pipes and other iron and steel tubular products used in the transportation of water, gas and oil, and for any other industrial sector.
- Casting and processing of iron and steel, and manufacturing products and components resulting from such casting activities.
How to read this
This is an intimation about the setting up of a new company within the group, along with the purpose it will serve. The ownership chain remains fully within the group, and the update states the initial paid-up share capital with which the new entity has been set up. The letter closes by asking the exchanges to take the information on record.
Also from Welspun Corp
Board meeting on 29th October, 2026 to consider and approve unaudited results for quarter and half year ended 30th September, 2026
23 Oct 2026
US subsidiary secures approx ~₹5,500 crore order to supply coated line pipes for a Permian gas pipeline
23 Oct 2026
CARE AA+/Stable reaffirmed on Rs 40 crore NCDs; CARE A1+ reaffirmed on Rs 5,984 crore ST facilities, Rs 784 crore LT facilities withdrawn
16 Oct 2026
More numbers
- Initial paid-up share capital of Welspun Global JordanJordanian Dinar 50,000
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