Walchandnagar Industries Limited produces launching systems for the Indian Agni series of nuclear armed missiles.

Nuclear Weapons | Investments (years compared) (2021) (2020) (2019)

Company Profile

Walchandnagar Industries Limited (WIL), based in India, is a heavy engineering and high-tech manufacturing company with activities in the areas of nuclear power, aerospace, missile, defence, oil & gas, steam generation plants, independent power projects, turnkey cement, and sugar plants.¹ In the financial year ending 31 March 2022, WIL reported a loss of INR 380.7 million (4.7 million USD).²

Stock exchange listing

Bombay Stock Exchange Ltd. (BSE): 507410
National Stock Exchange Ltd. (NSE): WALCHANNAG

Contact information

Walchandnagar Industries Ltd.
3 Walchand Terraces,
Tardeo Road,
Mumbai – 400 034,
India.
+91 (022) 23612195/96 wil@walchand.com

Website: https://www.walchand.com/

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Nuclear weapons

Walchandnagar Industries Limited (WIL) produces the launch systems for India’s Agni missiles.³ Walchandnagar reports continued development in the missile sector, as well as for the Indian Navy’s nuclear weapon launch system.⁴

Investments

Investments compared

Click on the institution to see if and how they've invested in the past. Red indicates a new investor in 2021. Green indicates investors that ended their involvement by 2021.

2022 Investments

2022

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2021 Investments

2021

3 Financial institutions made $60 million available in the research period January 2019- January 2021.

All forms of financing meeting the definition of substantive financial relationships are included in the report. This comprises financial institutions participating in loans and underwriting deals since 1 January 2019, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2020. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2020 Investments

2020

6 Financial institutions made $41.5 million available in the research period January 2018-2020.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2018, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2019. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2019 Investments

2019

6 Financial institutions made $41.5 million available in the research period January 2017-2019.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2017, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2018. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.