General Updates

WEL/SEC/2026 November 05, 2026 BSE Limited The National Stock Exchange of India Limited Scrip Code: 532553 NSE Symbol: WELENT Dear Madam / Sir, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Divestment of balance stake in Associate Company. In furtherance of our earlier intimation dated June 09, 2022 & December 22, 2022 and pursuant to Regulation 30 of SEBI Listing Regulations read with Schedule III thereto and other applicable provisions, we wish to inform that in accordance with the Securities Subscription and Purchase Agreement dated June 09, 2022 (Exit from operational Highway Projects portfolio to Actis), the payment against the final tranche of 51% of equity consideration held in NXT - Infra MCP Highways Private Limited (“NXT Infra MCP”), an Associate Company, has been received today and simultaneously the Company has transferred its equity shareholding to NXT-Infra Trust. Pursuant to the aforesaid transaction, the Company's shareholding in NXT Infra MCP will stand reduced to Nil and, consequently, NXT Infra MCP will cease to be an Associate of the Company. The requisite details as prescribed under the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure-1. We request you to kindly take the above information on record. Yours sincerely, For WELSPUN ENTERPRISES LIMITED NIDHI TANNA COMPANY SECRETARY ACS - 30465 Encl: as above Annexure I Information to be submitted to the Exchanges as per Regulation 30 of SEBI LODR read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 as follows:- Sr. Particulars Details a. the amount and percentage of the turnover or NXT Infra MCP is an Associate Company and does not revenue or income and net worth contributed contribute to the turnover/revenue/income of the Company. by such unit or division or undertaking or The Company's proportionate share in the net worth of NXT subsidiary or associate company of the listed Infra MCP as at March 31, 2026 was ₹27.94 Crore. entity during the last financial year; b. date on which the agreement for sale has been Pursuant to the Securities Subscription and Purchase entered into Agreement dated June 09, 2022. c. the expected date of completion of sale/disposal Transaction is completed on November 05, 2026. d. consideration received from such sale/disposal Total consideration of ~Rs. 339.38 Crore e. brief details of buyers and whether any of the NXT-Infra Trust is a registered Infrastructure Investment buyers belong to the promoter/ promoter Trust, registered with Securities and Exchange Board of group/group companies. If yes, details thereof India, having registration no. IN/INVIT/23-24/00028. The buyer does not belong to the promoter / promoter group/group companies of the Company. f. whether the transaction would fall within related The transaction does not fall within the definition of Related party transactions? If yes, whether the same is Party Transaction under the applicable provisions of the done at “arm’s length” Companies Act, 2013 and SEBI Listing Regulations. g. whether the sale, lease or disposal of the Not Applicable undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. h. Additionally, in case of a slump sale, indicative Not Applicable disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.