Welspun Corp's subsidiary Sintex-BAPL acquires 100% stake in Weetek Plastics for Rs 85 crores

Welspun Corp Limited, via its subsidiary Sintex-BAPL Limited, acquires Weetek Plastics Private Limited for Rs 85 crores. Weetek becomes a wholly owned step-down subsidiary, enhancing Welspun's plastic manufacturing capabilities in India. The acquisition supports Welspun's plans to expand with new plastic pipe manufacturing plants.