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June 22, 2026
BSE Limited
Listing Department,
P. J. Towers, Dalal Street,
Mumbai – 400 001
(Scrip Code: 500365)
Dear Sir/Madam,
Subject: Business Responsibility and Sustainability Report for Financial Year ended
March 31, 2026.
In terms of the Regulation 34(2) (f) of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the
Business Responsibility & Sustainability Report (BRSR), which also forms part of the Company’s
Annual Report for the financial year ended March 31, 2026.
The Report is also available on the Company’s website at www.welspunspecialty.com.
Kindly take the same on your record.
Thanking you,
Yours faithfully,
For Welspun Specialty Solutions Limited
Dipti Modi
Company Secretary & Compliance Officer
A-25460
Encl.: as above
Business Responsibility & Sustainability Report Statutory Reports 101
BUSINESS RESPONSIBILITY &
SUSTAINABILITY REPORT
SECTION A: GENERAL DISCLOSURES
I. DETAILS OF THE LISTED ENTITY
Details of the listed entity Data/Information
1 Corporate Identity Number (CIN) of the Listed L27100GJ1980PLC020358
Entity
2 Name of the Listed Entity Welspun Specialty Solutions Limited
3 Year of incorporation 1980
4 Registered office address Plot No. 1, G. I. D. C. Industrial Estate,Valia Road,
Jhagadia, Dist. Bharuch, Gujarat 393 110
5 Corporate address 5th Floor, Welspun House, Kamala Mills Compound, S.
B. Marg, Lower Parel (W), Mumbai 400 013
6 E-mail companysecretary_wssl@welspun.com
7 Telephone 022 6133 6796 / 2490 8000
8 Website www.welspunspecialty.com
9 Financial year for which reporting is being done April 01, 2025 - March 31, 2026
10 Name of the Stock Exchange(s) where shares BSE Limited
are listed
11 Paid-up Capital Rs. 397.57 Crores divided into 66,26,11,445 equity
shares Rs. 6 each fully paid up
12 Name and contact details (telephone, email Mr Alok Mishra, Group Head - Sustainability
address) of the person who may be contacted Phone: 022 6613 6000
in case of any queries on the BRSR report
Email: alok_mishra@welspun.com
13 Reporting boundary - Are the disclosures under The disclosures under this report are on a standalone
this report made on a standalone basis (i.e. only basis. This year the report is published on a voluntary
for the entity) or on a consolidated basis (i.e. basis. The reporting boundary consists of 1 nos. of
for the entity and all the entities which form a manufacturing facility of Welspun Specialty Solutions
part of its consolidated financial statements, Limited. Located at Jhagadia, Dist. Bharuch, Gujarat.
taken together).
14 Name of assurance provider Not Applicable
15 Type of assurance obtained Not Applicable
Welspun Specialty Solutions Limited
II. PRODUCTS/SERVICES
16. Details of business activities (accounting for 90% of the turnover):
Description of Main Activity Description of Business Activity % of Turnover of the entity
Welspun Specialty Solutions Limited, is The products are industrial B2B 100%
a world class manufacturer of Alloy & products that are engineered to order
Stainless-Steel products which includes and hence, very specific to the project
billets, ingots, black bars, tubes, pipes and for which they are to be used.
hollow profiles of tube or pipe fittings.
17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):
S. Product/Service NIC Code % of total Turnover
No. contributed
i Blooms and Ingots 24103 18%
Ii Hot-rolled and cold-rolled Steel products 24105 50%
iii Tube and tube fittings of Steel 24106 31%
III. OPERATIONS
18 Number of locations where plants and/or operations/offices of the entity are situated:
National International
Number of plants Number of offices Number of plants Number of offices
1 1 0 0
Total Total
19 Markets served by the entity:
a. Number of locations
Locations Number
National (No. of States) More than 10 states
International (No. of Countries) More than 15 countries
b. What is the contribution of exports as a percentage of the total turnover of the entity?
16% is the contribution of exports as a percentage of the total turnover of the entity
c. A brief on types of customers
Welspun Specialty Solutions Limited (WSSL) trades its products in the B2B segment, and its major clientele includes
steel manufacturers, stockists, Government entities (nuclear, thermal, oil and gas etc), EPC’s and Fabricators.
Annual Report 2025-26
Business Responsibility & Sustainability Report Statutory Reports 103
IV. EMPLOYEES
20. Details as at the end of Financial Year:
S. Particulars Total (A) Male Female
No. (B) % (B/A) No. (C) % (C/A)
a. Employees and workers (including differently abled):
Employees
1 Permanent (D) 287 259 90% 28 10%
2 Other than Permanent (E) 5 5 100% 0 0%
3 Total employees (D + E) 292 264 90% 28 10%
Workers
4 Permanent (F) 441 435 99% 6 1%
5 Other than Permanent (G) 334 333 100% 1 0%
6 Total workers (F + G) 775 768 99% 7 1%
b. Differently abled Employees and workers:
Employees
1. Permanent (D) 0 0 0 0 0
2. Other than Permanent (E) 0 0 0 0 0
3. Total differently abled employees (D + E) 0 0 0 0 0
Workers
4 Permanent (F) 0 0 0 0 0
5 Other than Permanent (G) 0 0 0 0 0
6 Total workers (F + G) 0 0 0 0 0
21. Participation/Inclusion/Representation of women
Total No. and percentage of Females
No. (B) % (B / A)
Board of Directors 8 1 12.5%
Key Management Personnel 3 0 0%
Welspun Specialty Solutions Limited
22. Turnover rate for permanent employees and workers
FY 2025-26 FY 2024-25 FY 2023-24
Male Female Total Male Female Total Male Female Total
Permanent Employees 25.7% 26.1% 25.7% 35.2% 22.9% 34.4% 31.3% 42.9% 31.9%
Permanent Workers 17.0% 20.0% 17.0% 25.1% 0.0% 24.9% 22.2% 0.0% 22.2%
V. HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES (INCLUDING JOINT VENTURES)
23. (a) Names of holding / subsidiary / associate companies / joint venture
Name of the holding/ Indicate whether % of shares Does the entity indicated at column A,
subsidiary/ associate holding/ Subsidiary/ held by participate in the Business Responsibility
companies/ joint ventures (A) Associate/ Joint Venture listed entity initiatives of the listed entity? (Yes/No)
Welspun Corp Limited Holding Company 55.17% Holding Company is a listed company
managing its own Business Responsibility
initiatives as per the legal requirements
applicable to them.
VI. CSR DETAILS
24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: - Yes
a. Turnover (in Rs.): 886.20 Crores
b. Net worth (in Rs.): 456.54 Crores
VII. TRANSPARENCY AND DISCLOSURES COMPLIANCES
25. C omplaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible
Business Conduct:
Stakeholder Grievance If Yes, then FY 2025-26 FY 2024-25
group from whom Redressal provide web- Current Financial Year Previous Financial Year
the complaint is Mechanism link for the
Number of Number of Remarks Number of Number of Remarks
received in Place grievance
complaints complaints complaints complaints
(Yes/No) redressal
the year pending the year pending
policy
resolution resolution
at the close at the close
of the year of the year
Communities Yes https:// 0 0 - 0 0 -
www.
Investors (other Yes 0 0 - 0 0 -
welspun
than shareholders)
specialty.
com/policy.
Shareholders Yes 5 0 - 7 0 -
Employees and Yes 0 0 - 0 0 -
workers
Customers Yes 0 0 - 0 0 -
Value Chain - 0 0 - 0 0 -
Partners
Other (please - 0 0 - 0 0 -
specify)
Annual Report 2025-26
Business Responsibility & Sustainability Report Statutory Reports 105
26. Overview of the entity’s material responsible business conduct issues:
Material issue Indicate Rationale for In case of risk, Financial implications of
identified whether risk identifying the risk / approach to adapt the risk or opportunity
or opportunity opportunity or mitigate (Indicate positive or
(R/O) negative implications)
Climate Risk Changing climatic WSSL has adopted Climatic Negative
Change pattern and increased change strategies including implication
unfavourable weather renewable power, water
ev
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