Update on the incorporation of a new step down wholly owned subsidiary in Jordan.

WCL/SEC/2026 13th October, 2026 BSE Ltd. National Stock Exchange of India Ltd. Listing Department, Exchange Plaza, P. J. Towers, Dalal Street, Bandra-Kurla Complex, Mumbai – 400 001. Bandra (E), Mumbai – 400 051. (Scrip Code: Equity - 532144), (Symbol: WELCORP, Series EQ) (NCD – 973309) Dear Sirs/ Madam, Subject: Update on the Incorporation of a New Step-down Wholly Owned Subsidiary Ref.: a. Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 b. ISIN: INE191B01025 This is in furtherance to our disclosure dated 18th September 2026, Welspun Global Holdings Limited (“WGHL”), DIFC, UAE, a wholly-owned subsidiary of the Company has incorporated a wholly-owned subsidiary in the name of Welspun Global Jordan’ (“WGJ”) in Jordan. WGJ has been incorporated with effect from 12th October, 2026. The Certificate of Registration has been received, today, issued by the Companies Control Department, Jordan. WGJ will carry on the business of manufacturing, producing, processing and fabricating wires, tubes and pipes of iron and steel, including line pipes and other iron and steel tubular products for use in the transportation of water, gas and oil and any other industrial sector as well as for carrying on the business of casting and processing of iron and steel and the manufacture of products and components resulting from such casting activities. WGJ has been incorporated with an initial paid-up share capital of Jordanian Dinar 50,000, fully subscribed by WGHL. The same is for your information and record, please. Thanking you. Yours faithfully, For Welspun Corp Limited Kamal Rathi Company Secretary and Compliance Officer ACS-18182