Outcome of the Board Meeting

October 21, 2026 BSE Limited Listing Department, P. J. Towers, Dalal Street, Mumbai – 400 001 (Scrip Code: 500365) Dear Sir/Madam, Subject: Outcome of the Board Meeting held on October 21, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e. Wednesday, October 21, 2026, inter alia, considered and approved the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026. In accordance with Regulation 33 of the SEBI Listing Regulations, the aforesaid Unaudited Financial Results, together with the Limited Review Report issued by the Statutory Auditors thereon, are enclosed herewith. The meeting of the Board of Directors commenced at 12:00 noon and concluded at 2:50 p.m. Kindly take the above information on record. Thanking you. Yours faithfully, For Welspun Specialty Solutions Limited Dipti Modi Company Secretary and Compliance Officer Encl.: As above BSR&Co.LLP 14th Floor, Central B Wing and North C Wing Nesco IT Park 4, Nesco Center Western Express Highway Chartered Accountants Goregaon (East), Mumbai -400 063 India Telephone: +91 (22) 6257 1000 Fax: +91 (22) 6257 1010 Limited Review Report on unaudited financial results of Weispun Specialty Solutions Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Welspun Specialty Solutions Limited 1. We have reviewed the accompanying Statement of unaudited financial results of Welspun Specialty Solutions Limited (hereinafter referred to as "the Company") for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 ("the Statement") 2. This Statement, which is the responsibility of the Company's management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("lnd AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Info,mation Pefformed by the Independent Auditor of the Entity' issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For B S R & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100p22 Bhavesh Dhupelia Partner Mumbai Membership No.: 042070 21 October 2026 UDIN:26042070MER0KH3565 Regioleref 0(0cc. B SR & Co (a partnersh'p !,rnl w(rp Regtslrahon NO. BA61223) converted polo OS R & Co. LIP (a 14(0 Floor. Cenlral B Wng and North C Wig NescO IT ParIs 4 Neoco Unicef L,aBpI,Iy Pa,Inerstppp wpllp LLP Regisiraipon No MB-BtBI) w'Ih effect from October14 2013 Cenler Weslem Eepreoo H'gllway Goregaon (Eaol, Momba, - 400063 Page 1 of 1 Welspun Specialty Solutions Limited Regd. Office: Plot No.1, GIDC Industrial Estate, Jhagadia, Din. Bharuch, 6ujarat-393110 Website www.welspunspecialty.com. Email ID: companysecretary_wssl@welspuncom CIN : L27100i3J198OPLCO20358 STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 (Unaudited) (IJnaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 I Income a) Revenue from operations 24,033 19,367 23,908 43,400 44,040 88.620 b) Other income 167 379 363 546 1.333 1.799 Total income (a+b) 24.200 19,746 24,271 43,946 45,373 90,419 2 Expenses a) Cost of materials consumed 24,484 10.908 17,903 35,392 31,752 61.402 b) Changes in inventories of finished goods and work-in-progress (6.753) 1,784 (1,255) (4,969) (286) 124 c) Employee benefits expense 1.198 1,267 1,213 2,465 2,309 4,902 d) Finance costs (Refer Note 5) 347 518 436 865 1,516 2.581 e) Depreciation and amortisation expense 481 441 408 922 804 1,671 f) Power and Fuel expense 2.389 1,804 1,897 4,193 3,475 7,026 g) Consumption of stores and spares i 031 1 118 1,304 2,149 2,137 4,809 h) Other expenses 1,408 1,432 1,400 2.840 2,776 5,668 Total expenses 24,585 19.272 23.306 43,857 44,483 88,183 3 profit/ (Loss) before tax (1-2) (385) 474 965 89 890 2,236 4 Income tax expense/(credit) a) Current tax . - - - - b) TD oe tf ae lr r taed x t ea xx p e(r ne sfe er /( cn ro ete d- it4 )) 66 66 (( 44 22 )) - 2 24 ( (3 31 1) 5 Net profit/(loss) for the period/year (3-4) (451) 516 965 65 890 2.267 6 Other comprehensive income, net of tax a) Items that will be reclassified to profit or loss (net) Deferred gains/(losses) on cash flow hedges (net) (5) 39 22 34 97 54 b) Items that will not be reclassified to profit or loss (net) Remeasurements of post employment benefit obligations (3) (3) (3) (6) (6) 4104) Total other comprehensive income/(loss), net of tax (8) 36 19 28 91 (50) 7 Total comprehensive income/(Ioss) for the period/year (5+6) (459) 552 984 93 981 2,217 8 Paid up equity share capital (Face value of INR 6/- each) 39,756 39,756 39,756 39,756 39,756 39,756 9 Other equity 5,898 10 Earnings per equity share (not annualised for the period) (a) Basic (In Rs,) (0.07) 0.08 0.14 0.01 0.13 0.34 (b) Diluted (In Rs.) (0.071 0.08 0.14 0.01 0.13 0.34 Welspun Specialty Solutions Limited Statement of Assets and Liabilities IRs. Lakhsl SrNo. Particulars As at As at 30-Sep-26 31-Mar-26 Assets Non-current assets Property, plant and equipment 24,732 19,760 Capital work-in-progress 878 4,887 Right-of-use assets 241 243 Intangible assets 531 26 Intangible assets under development 228 Financial assets Other financial assets 161 87 Deferred tax assets (net) 3,355 3,388 Other tax assets (net) 198 173 Other non-current assets 53 66 Total non-current assets 30,149 28,852 2 Current assets Inventories 31.530 25,751 Financial assets Investments 2,670 14,356 Trade receivables 8,812 14,295 Cash and cash equivalents 2,097 1.125 Bank balances other than cash and cash equivalents 72 Other financial assets 270 221 Other current assets 2,825 2.398 Assets held forsale 14 14 Total current assets 48,218 58,232 Total assets 78,367 87,090 Equity and Uabilities Equity Equity share capital 39,756 39,756 Other equity 5.991 5,898 Total equity 45,747 45,654 2 Liabilities Non-current liabilities Financial liabilities Provisions sos 509 Total non-current liabilities 509 509 Current liabilities Financial liabilities [Showing first 8,000 characters — download PDF for full document]