Outcome of Board Meeting

Date: September 03, 2026 To, To, BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 533252 Symbol: WELINV Dear Sir / Madam, Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Approval of the Board of Directors for (i) Infusion of funds in the wholly owned subsidiary; and (ii) Infusion of funds by the wholly owned subsidiary in a promoter group company, constituting a related party transaction Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") and the Securities and Exchange Board of India Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (as amended from time to time), we wish to inform you that the Board of Directors of the Company, at its meeting held today i.e. September 03, 2026, which commenced at 04:00 p.m. and concluded at 4:35 p.m. has, inter alia, based on the recommendation of the Audit Committee, approved the following: 1. Infusion of funds in Vishwakarma Realty Private Limited, a wholly owned subsidiary of the Company Infusion of funds aggregating up to Rs. 1,285 crores in Vishwakarma Realty Private Limited, a wholly owned subsidiary of the Company ("WOS"), by way of subscription of upto 75 Crores Compulsorily Convertible Debentures at face value of Rs. 10/- each and 53.50 Crores Optionally Convertible Debentures at face value of Rs. 10/- each, in one or more tranches, at such time or times as may be decided by the Board of Directors or a duly authorised committee thereof. The details required under Securities and Exchange Board of India Master Circular No. SEBI/HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated 30th January 2026 are set out below: Sr. Particulars Details 1. Name of the target entity, Vishwakarma Realty Private Limited (“VRPL”) details in brief such as size, CIN: U68100GJ2025PTC170398 turnover, etc. Paid-up capital: Rs. 5,00,000/- Turnover for the Financial Year 2025-26: Rs. Net worth as on 31.03.2026: Rs. 4,75,795/- Total assets as on 31.03.2026: Rs. 4,75,795/- 2. Whether the acquisition would VRPL, being a wholly owned subsidiary is a fall within related party related party of the Company. The transaction transactions, and whether the falls within the ambit of related party promoter, promoter group or transactions and is at arms’ length. group companies have any interest in the entity being Save and except what is mentioned above, acquired; if yes, the nature of the Promoter / Promoter Group / Group interest and details, and Companies are not interested in VRPL. whether the transaction is at arm's length Except to the extent of shares held by the Company in VRPL, the Company has no interest in VRPL. 3. Industry to which the entity Real Estate and other allied activities. being acquired belongs VRPL is yet to commence the business 4. Objects and impact of the Currently, the Company is holding 100% acquisition, including the share capital of VRPL and with the current reasons for the acquisition if the investment, the Company’s shareholding target's business is outside the percentage in VRPL will remain unchanged. main line of business of the listed entity 5. Brief details of any Not Applicable governmental or regulatory Sr. Particulars Details approvals required for the acquisition 6. Indicative time period for In one or more tranches, at such time or times completion of the acquisition as may be decided by the Board of Directors or a duly authorised committee thereof 7. Consideration — whether cash Cash consideration consideration or share swap, and details 8. Cost of acquisition, or the price Infusion of funds aggregating up to Rs. 1,285 at which the shares are crores in VRPL, by way of subscription of up to acquired 75 Crores Compulsorily Convertible Debentures at face value Rs. 10/- each and 53.50 Crores Optionally Convertible Debentures at face value of Rs. 10/- each, in one or more tranches, at such time or times as may be decided by the Board of Directors or a duly authorised Committee thereof 9. Percentage of shareholding or There will be no change in the percentage of control acquired, and the shareholding of the Company in VRPL. It will number of shares acquired continue to remain a wholly owned subsidiary of the Company 10. Brief background about the Incorporated on December 11, 2025, under entity acquired — products or the applicable provisions Companies Act, line of business, date of 2013. incorporation, history of turnover for the last three years, Line of business: Real Estate and other allied countries of presence and any activities. The Company is yet to commence other significant information the business Turnover for the Financial Year 2025-26: Rs. Country: India 2. Investment by the WOS in a promoter group company – Related Party Transaction Approved the infusion of funds by WOS into Indivara Realty Private Limited ("Indivara"), a promoter group company and a related party of the Company, by way of subscription of upto 100 crore Optionally Convertible Debentures ("OCDs") of face value Rs. 10 each, aggregating upto Rs. 1,000 crores, in one or more tranches, subject to the approval of the members of the Company as required under the SEBI Listing Regulations. The aforesaid transaction constitutes a related party transaction in terms of Regulation 2(1)(zc) of the SEBI Listing Regulations and material related party transaction in terms of Regulation 23 of the SEBI Listing Regulations. The transaction is proposed to be undertaken on an arm's length basis. You are requested to take the above information on record. Thanking you, Yours faithfully, For Welspun Investments and Commercials Limited Amol Nandedkar Company Secretary Membership No.: 23661