Credit Rating

WEL/SEC/2026 September 21, 2026 BSE Limited National Stock Exchange of India Limited Scrip Code: 532553 NSE Symbol: WELENT Dear Madam/Sir, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Intimation of Credit Rating Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Crisil Ratings Limited vide its letter dated September 21, 2026, has assigned / re-affirmed credit ratings of Welspun Enterprises Limited and its material subsidiaries, as per the details given below:- 1. Welspun Enterprises Limited Sr. No Type of Facilities / Rating Rating Action Instruments Total Bank Loan Facilities Rated Rs. 2,600 Crore 1. Long Term Rating Crisil AA/Stable Assigned (upgraded from Crisil AA- /Positive) 2. Short Term Rating Crisil A1+ Re-affirmed Rs. 200 Crore Commercial Paper 3. Commercial Paper Crisil A1+ Re-affirmed 2. Welspun Michigan Engineers Limited Sr. No Type of Facilities / Rating Rating Action Instruments Total Bank Loan Facilities Rated Rs. 353.58 Crore 1. Long Term Rating Crisil AA-/ Stable Assigned (upgraded from Crisil A+/Positive) 2. Short Term Rating Crisil A1+ Assigned (upgraded from Crisil A1) 3. Welspun EDAC JV Private Limited Sr. No Type of Facilities / Rating Rating Action Instruments Total Bank Loan Facilities Rated Rs. 100 Crore 1. Long Term Rating Crisil AA (CE)/Stable Assigned (upgraded from Crisil AA- (CE) /Positive) 2. Short Term Rating Crisil A1+ (CE) Re-affirmed The rating letters received from Crisil Ratings Limited are enclosed herewith. The above information will also be available on the website of the Company at www.welspunenterprises.com We request you to take the above on record. Thanking you. For Welspun Enterprises Limited Nidhi Tanna Company Secretary ACS – 30465 Encl.: As above