Welspun Specialty Solutions Ltd - 500365 - Shareholding for the Period Ended March 31, 2020
Welspun Specialty Solutions Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2020. For more details, kindly Click here Welspun Specialty Solutions Ltd - 500365 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Submission of confirmation certificate in the manner prescribed under regulation 74(5) of SEBI (Depositories Participants), Regulations, 2018. Welspun Specialty Solutions Ltd - 500365 - Statement Of Investor Complaints For The Quarter Ended March 2020
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0110 Name of the Signatory :- Rashmi MamturaDesignation :- Company Secretary and Compliance Officer Welspun Specialty Solutions Ltd - 500365 - Update On Manufacturing Operations At Plant At Jhagadia, Gujarat
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of our earlier disclosure dated March 24, 2020, we would like to inform that with the permission of Deputy Collector and Sub-Divisional Magistrate, Jhagadia, Bharuch, essential processes of integrated steel plant at Jhagadia has been made operational with full compliance to the conditions of operation as stipulated in the permission to avoid any infection due to COVID-19. We are closely monitoring the situation and would take necessary actions as may be required in the then prevailing circumstances. Welspun Specialty Solutions Ltd - 500365 - Closure of Trading Window
Pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and as per Company's Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders ('Code'), the trading window for dealing in the securities of the Company shall remain closed for designated persons and their immediate relatives from April 01, 2020 till 48 hours after the date of Board Meeting wherein, inter-alia, the approval of Audited Financial Statements for the year ended March 31, 2020, would be considered by the Board. Welspun Specialty Solutions Ltd - 500365 - Intimation Of Closure Of Plant At Jhagadia, Gujarat Due To Pandemic COVID-19
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that in view of the directions passed by Central / State Governments to prevent & contain the spread of COVID-19 and to ensure the safety and wellbeing of employees and all stakeholders, the Company has temporarily closed its manufacturing operations at its Plant at Jhagadia, Gujarat with immediate effect till further notice while essential services like Security, Occupational Health Centre, IT, safety will be functional and the staff from corporate office will continue to work remotely. The duration of this shutdown will depend upon the further directions from the Government authorities. Welspun Specialty Solutions Ltd - 500365 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation regarding receipt of inception for loss of share certificate under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Welspun Specialty Solutions Ltd - 500365 - Statement Of Utilisation Of Funds Pursuant To Regulation 32 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
We are enclosing herewith the disclosure (statement of utilisation of funds raised during the Q3) under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read together with circular CIR/CFD/CMD1/162/2019 dated December 24, 2019. Welspun Specialty Solutions Ltd - 500365 - Un-Audited Financial Results For The Quarter And Nine Months Ended December 31, 2019, Limited Review Report, Business Update And Disclosure Pursuant To Regulation 30
Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Un-audited Financial Results for the quarter and nine months ended December 31, 2019 ('UFR') prepared in accordance with IND-AS, as reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held today. Also attached herewith is the Limited Review Report of the Auditors of the Company on the UFR and a brief business update. The Board meeting commenced at 3.45 pm and concluded at 5.45 pm. Welspun Specialty Solutions Ltd - 500365 - Announcement under Regulation 30 (LODR)-Meeting Updates
Outcome of Board Meeting held on February 4, 2020. Business Update: WSSL has completed substantial part of the project for building capability and installing new plant & machinery to produce stainless steel products under its ongoing plans of diversifying company's product portfolio from lower value to high value offerings. With the successful commissioning and stabilization of Stainless Steel Pipes & Tubes facility, the company has decided to focus on high-value and niche sector. In the process, the company is evaluating downsizing low value / non-remunerative products like Alloy Steel, due to challenges faced by automotive and other related sectors, and is taking preparatory steps towards the same in consultation with stakeholders. Such steps would include, inter-alia, rationalization of resources and of certain capacity utilization as necessary. With these actions, there would be a cost rationalization and re-alignment of sales in niche segments.