Welspun Investments and Commercials Limited (WICL)-erstwhile Welspun Investments Limited was formed after demerger of Welspun India Limited into two separate companies. The demerger was sanctioned by the High Court of Gujarat on May 12 2009 and became effective from June 12 2009. The name of the Company was changed from Welspun Investments Limited to Welspun Investments and Commercials Limited with effect from March 31 2010 on receipt of fresh certificate of incorporation consequent upon change of name from Registrar of Companies Gujarat. This name reflects the business of the Company which is into a combination of trading activities and investment holding business of the Company with major size to be of trading activities.
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