BSECompany Update1 Oct 2026 · 1 Oct 2026, 03:07 pm

Appointment of Senior Management personnel

Welspun Specialty Solutions Ltd · 500365

✦ AI SummaryMgmt Change

Welspun Specialty Solutions Ltd has appointed Mr. Rahul Gujar as Business Head and Senior Management Personnel, effective October 1, 2026. Mr. Gujar comes with 20 years of experience in the stainless-steel industry and has previously worked with organizations like Tubacex Services Solution, Ametek Instruments, and Sandvik Materials Technology.

Analysis Scores

Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Welspun Specialty Solutions Ltd - 500365 - Announcement under Regulation 30 (LODR)-Change in Management

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October 1, 2026 BSE Limited Listing Department, P. J. Towers, Dalal Street, Mumbai – 400 001 (Scrip Code: 500365) Dear Sir/Madam, Sub: Appointment of Senior Management Personnel of the Company Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) We wish to inform that, based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company has today approved the appointment of Mr. Rahul Gujar as Business Head and designated him as a Senior Management Personnel ("SMP") of the Company, with effect from October 1, 2026. Details with respect to the aforesaid appointment, as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are provided in Annexure A. Kindly take the same on record. Thanking you. Yours faithfully, For Welspun Specialty Solutions Limited Dipti Modi Company Secretary and Compliance Officer Encl:a/a Annexure A Name of Senior Management Personnel Mr. Rahul Gujar Reason for change – viz. appointment Appointment Date of appointment and terms of October 1, 2026. appointment Term of appointment is not applicable since he is in full time employment of the Company. Brief Profile Mr. Rahul Gujar comes with 20 years of experience in the stainless-steel industry, currently serving as Business Head – Stainless Steel Business, leading end-to-end business operations, Marketing, P&L management, strategic planning, commercial excellence, and operational performance. He is a qualified Mechanical Engineer from MIT Pune and did his MBA from CMRD College, Pune University. He has been associated with organization of repute like Tubacex Services Solution, Ametek Instruments and Sandvik Materials Technology. His last assignment was with Jindal Saw Ltd (Stainless Steel Division as President and Business Head – SS division where his responsibilities included:  Development or formulation of company strategy for sustainable business growth for next 5-10 years.  Made a significant business profit turnaround from loss making to healthy Ebitda & PBT in 2025-26 & YTD 2026-27 Q1.  Brought Jindal Saw-SS Division position from bottom to Top 2 players in market.  Achieved many operational & marketing milestones like becoming 1st & only product offering company in India for supplying Ni Alloy API, Welded Pipes, largest dia Pipe making (108” in SS against nearest competition of 72”), Coil tubes development, High Specialized tubes for niche segments. Disclosure of relationships between Not applicable directors