The Board has approved - 1. Appointment of Interim CFO and KMP and 2. revised Policy on Code of Practices and Procedures for fair disclosure of UPSI as per SEBI (PIT), Regulations, 2015 in its meeting held today i.e. November 2, 2026

WALCHANDNAGAR INDUSTRIES LIMITED Walchandnagar: 413 114, Dist. Pune, Maharashtra, India Tel: 02118-252 235/252 236/252 237/252 238 Fax: 02118-252 584 Website: www.walchand.com Email: wil@walchand.com Ref. No. : WIL: SEC: 2026 Date : November 02, 2026 National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, 5th floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (East) Mumbai 400 001. Mumbai 400 051. Fax: 22723121/2039/2037 Fax :26598237/38, 66418126/25/24 SCRIP CODE : 507410 SCRIP CODE : WALCHANNAG Dear Sir(s), Sub: 1) Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations") - Appointment of Interim Chief Financial Officer and Key Managerial Personnel of the Company and (2) Amendment in Code of Practices and Procedures for fair disclosure of Unpublished Price Sensitive Information under Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015. Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 8 of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. In terms of Regulation 30 of 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 and Audit Committee, the Board of Directors of the Company at its meeting held today i.e. on Monday, November 02, 2026, have considered and approved, the appointment of Mr. Chandra Bhan Yadav as the Interim Chief Financial Officer and Key Managerial Personnel of the company with effect from November 02, 2026 until the time a regular Chief Financial Officer will be appointed by the Board. The details required as per the Master Circular HO/49/14/14(7)2025-CFDPOD2/ I/3762/2026 dated January 30, 2026, read with Para A of Part A Schedule III of SEBI Listing Regulations; is given in Annexure - A. Pursuant to Regulation 8 read with Schedule A of the PIT Regulations, the Board of Directors at its meeting held today i.e., Monday, November, 02, 2026, have approved amendments to the Code of Practices and Procedures for fair disclosure of Unpublished Price Sensitive Information (‘Fair Disclosure Policy’). Please find enclosed the amended Fair Disclosure Policy of the Company. This intimation and the amended Fair Disclosure Policy of the Company is also being uploaded on the Company's website at www.walchand.com. REGD OFFICE: Siddharth Towers (Tower No.1), S.No.12/3-B, Office 908 to 910, Kothrud, Pune- 411 038, Maharashtra, India. Tel: 020-2543 8585 Fax: 020-2543 8585 CIN: L74999PN1908PLC255621 WALCHANDNAGAR INDUSTRIES LIMITED Walchandnagar: 413 114, Dist. Pune, Maharashtra, India Tel: 02118-252 235/252 236/252 237/252 238 Fax: 02118-252 584 Website: www.walchand.com Email: wil@walchand.com Thanking you, Yours faithfully, For Walchandnagar Industries Ltd. G. S. Agrawal Whole Time Director & Company Secretary DIN: 00404340 Encl: As above REGD OFFICE: Siddharth Towers (Tower No.1), S.No.12/3-B, Office 908 to 910, Kothrud, Pune- 411 038, Maharashtra, India. Tel: 020-2543 8585 Fax: 020-2543 8585 CIN: L74999PN1908PLC255621 WALCHANDNAGAR INDUSTRIES LIMITED Walchandnagar: 413 114, Dist. Pune, Maharashtra, India Tel: 02118-252 235/252 236/252 237/252 238 Fax: 02118-252 584 Website: www.walchand.com Email: wil@walchand.com Annexure A Sr Details of Events that need to be provided 1 Name Chandra Bhan Yadav 2 Reason for change. viz. Appointment as Interim Chief Financial Officer and appointment/ reappointment Key Managerial Personnel of the Company. 3 Date of appointment/ reappointment With effect from November 02, 2026, Mr. Chandra Bhan Yadav shall act as the Interim Chief Financial Officer and Key Managerial Personnel of the Company until the time a regular Chief Financial Officer is appointed by the Board. 4 Brief profile (in case of appointment) Note: Mr. Chandra Bhan Yadav is appointed as the Interim Chief Financial Officer (CFO) of the Company with effect from November 02, 2026, until the appointment of a regular CFO by the Company. Profile: Mr. Chandra Bhan Yadav is a qualified C.A. with over 18 years of experience in the field of Accounting, Costing, Banking & Finance, Taxation, Working Capital Limits, Budgeting, Financial Planning & Analysis and ERP. Currently, he is working with the company as Assistant General Manager (Accounting) and is associated with the Company since 2017. Prior to joining the Company, he was associated with Sona Alloys Private Limited, IFFCO Kisan Sanchar Limited and PACL India Limited. 5 Disclosure of relationships between Not Applicable directors (in case of appointment of Director) 6 Information as required under Circular No. Not Applicable LIST/COMP/14/2018- 19 and NSE/CML/201 8/02 dated 20th June, 2018 issued by the BSE and NSE, respectively For Walchandnagar Industries Ltd. G. S. Agrawal Whole Time Director & Company Secretary DIN: 00404340 REGD OFFICE: Siddharth Towers (Tower No.1), S.No.12/3-B, Office 908 to 910, Kothrud, Pune- 411 038, Maharashtra, India. Tel: 020-2543 8585 Fax: 020-2543 8585 CIN: L74999PN1908PLC255621 Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (“UPSI”) under Regulation 8 (1) of SEBI (Prohibition of Insider Trading) Regulations, 2015. In adherence of the principles of fair disclosure under Schedule A to the SEBI (Prohibition of Insider Trading) Regulations, 2015, which stand further amended by the SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018 (hereinafter referred to as “SEBI PIT Regulations”), the Board of Directors of the Company viz. Walchandnagar Industries Limited would follow the following practice and procedure for fair disclosure of unpublished price sensitive information. 1. It shall be ensured that prompt public disclosure of unpublished price sensitive information is made to make it generally available, once it is discovered that credible and concrete information having the potential of effecting the price of securities of the Company exist or comes into being. 2. It shall be ensured that uniform and universal dissemination of unpublished price sensitive information is promptly made to avoid selective disclosures. 3. The Company Secretary is designated as a Chief Investor Relations Officer to deal with dissemination of information and disclosure of unpublished price sensitive information. 4. It shall be ensured that any unpublished price sensitive information, which gets disclosed selectively, inadvertently or otherwise, is promptly disseminated to make such information generally available. 5. The Company shall ensure that appropriate and fair response and replies are promptly provided to queries on news reports and requests for verification of market rumours by regulatory authorities. 6. It shall be ensured that no unpublished price sensitive information is shared with analysts and research personnel. 7. The Company shall develop and follow best practices to make transcripts or records of proceedings of meetings with analysts and other investor relations conferences, if any, on the official website to ensure official confirmation and documentation of disclosures made. 8. It shall be ensured that all the unpublished price sensitive information is handled on a need-to-know basis. 9. The Unpublished Price Sensitive information can be shared for Legitimate purposes as per the "Policy for determination of Legitimate Purposes” (Annexure A), provided it is not shared to evade or circumvent the prohibition under this Regulation. ANNEXURE A POLICY FOR DETERMINATION OF LEGITIMATE PURPOSES [Pursuant to Regulation 3 (2A) of SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018] 1. PREFACE This Policy, as a part of "Codes of Fair Disclosure and Conduct” formulated under Regulation 8 of SEBI ( [Showing first 8,000 characters — download PDF for full document]