Welspun Corp Limited has informed the Exchange regarding In furtherance to our disclosure dated October 28, 2021, made in relation to the proposed Initial Public Offering of our Saudi Joint Venture, East Pipes Integrated Company for Industry ( EPIC ) for the offering of (6,300,000) shares representing (30%) of its share capital ( Offer ), please note that Welspun Corp Limited has been informed by EPIC that the Board of Directors of EPIC in consultation with the Book Running Lead Managers have finalized the price band to range between SAR 72 to SAR 80 per Share. Bidding and book-building period for participating entities: from 11th January 2022 to 17th January 2022.
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