Shareholders meeting

WEL/SEC/2026 November 06, 2026 BSE Limited National Stock Exchange of India Limited Scrip Code: 532553 NSE Symbol: WELENT Dear Madam / Sir, Subject: Intimation under Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations): Notice of Postal Ballot Pursuant to Regulation 30(6) of the SEBI Listing Regulations, please be informed that the Company is conducting a Postal Ballot/E-voting to seek shareholders’ approval for the below items:- 1. Approval for Enhancement of borrowing limit under Section 180(1)(c) of the Companies Act, 2013; 2. Approval for Creation of security under Section 180(1)(a) of the Companies Act, 2013 and 3. Approval for Material Related Party Transaction with Welspun Pune Shirur Projects Limited. The Notice of Postal Ballot is being sent electronically to the Members whose email addresses are registered with the Company/Depositories and whose names appear in the Register of Members/List of Beneficial Owners as on the Cut-Off Date. A copy of the Notice of Postal Ballot/E-voting (“Notice”) is enclosed herewith. The Notice is also uploaded on the Company’s website at www.welspunenterprises.com. The key dates relating to the Postal Ballot/e-voting process are set out below:- Particulars Details Cut-off date for shareholders who are eligible Friday, October 30, 2026 for e-voting Start Date of E-voting Saturday, November 07, 2026 End Date of E-voting Sunday, December 06, 2026 Declaration of Voting Results On or before Tuesday, December 08, 2026 Thanking you, For Welspun Enterprises Limited Nidhi Tanna Company Secretary ACS-30465 Encl.: As Above WELSPUN ENTERPRISES LIMITED CIN: L45201GJ1994PLC023920 Address: Regd. Office: Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat -370110 Tel.: (+ 91) 2836 662222; Fax: (+ 91) 2836 279010 Corporate Office: Welspun House, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai-400 013 Tel.: + 91 22 6613 6000; Fax: + 91 22 2490 8020 Website: www.welspunenterprises.com; Email: companysecretary_wel@welspun.com POSTAL BALLOT NOTICE Pursuant to Section 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014 Dear Member(s), NOTICE of postal ballot is hereby given pursuant to the provisions the Company as on the Cut-off Date (defined below) through postal of Sections 108 and 110 and other applicable provisions of the ballot (the ‘Postal Ballot’) by way of voting through electronic means Companies Act, 2013 (‘the Act’) read with Rules 20 and 22 of the (‘remote e-Voting’) only. Companies (Management and Administration) Rules, 2014, Regulation 44 of the Securities and Exchange Board of India (Listing In accordance with the provisions of the Act read with the Rules made Obligations and Disclosure Requirements) Regulations, 2015 (‘the thereunder and the MCA Circulars, the Postal Ballot Notice is being Listing Regulations’), the Secretarial Standard - 2 on General sent only by email to those members whose email addresses are Meetings issued by the Institute of Company Secretaries of India, registered with the Company/Depository Participant(s) and whose General Circular No. 03/2025 dated 22nd September 2025 and other names appear in the Register of Members of the Company or Register relevant circulars issued by the Ministry of Corporate Affairs (‘MCA’) of Beneficial Owners maintained by the Depositories as on Friday, from time to time (‘MCA Circulars’) and other applicable laws and October 30, 2026. regulations (including any statutory modification(s) and/or re- enactment(s) thereof, for the time being in force), that the Ordinary An Explanatory Statement pursuant to Section 102 of the Act and Special Resolutions set out in this Notice of Postal Ballot (‘Postal pertaining to the proposed resolutions setting out the material facts and Ballot Notice/Notice’), are proposed to be passed by the members of the reasons forms part of this Postal Ballot Notice. SPECIAL BUSINESS(ES) borrowed together with the monies already borrowed by the Company (apart from temporary loans obtained from the Company’s bankers in the ordinary course of business) may exceed the aggregate of the paid- Item No. 1 up share capital, free reserves and securities premium account of the Company, provided that the aggregate principal amount of such Approval for Enhancement of borrowing limit under Section borrowings outstanding at any point of time shall not exceed Rs. 8,000 180(1)(c) of the Companies Act, 2013. Crore (Rupees Eight Thousand Crore Only). To consider and if thought fit, to pass the following resolution as a RESOLVED FURTHER THAT the Board be and is hereby authorised SPECIAL RESOLUTION to decide the amount, timing, nature, currency, tenure, interest rate, “RESOLVED THAT in supersession of all earlier resolutions passed pricing, repayment schedule, security, covenant package and other terms by the members of the Company pursuant to Section 180(1)(c) of the and conditions of such borrowings and to negotiate, finalise, execute, Companies Act, 2013 (“Act”), to the extent inconsistent herewith, and amend and deliver all agreements, applications, deeds, declarations, pursuant to the provisions of Section 180(1)(c) and other applicable undertakings, instruments, writings and other documents as may be provisions, if any, of the Act read with the Rules made thereunder, required in connection therewith. including any statutory modification(s), amendment(s) or re- RESOLVED FURTHER THAT the Board be and is hereby authorised enactment(s) thereof for the time being in force, consent of the to do all such acts, deeds, matters and things and to take all such steps as Members be and is hereby accorded to the Board of Directors of the may be necessary, desirable or expedient to give effect to this resolution Company (hereinafter referred to as the “Board”, which term shall be and to settle any question, difficulty or doubt that may arise in this regard. deemed to include any Committee thereof or any person(s) authorised by the Board to exercise its powers, including the powers conferred RESOLVED FURTHER THAT the Board be and is hereby authorised by this resolution) to borrow, from time to time, any sum or sums of to delegate, to the extent permitted under applicable law, all or any of the money, in Indian Rupees or in any foreign currency, from banks, powers conferred by this resolution to any Committee of the Board, financial institutions, bodies corporate, mutual funds, trusts, funds, Director(s), Key Managerial Personnel and/or officer(s) of the debenture holders, bondholders, security holders, multilateral Company.” agencies, external commercial lenders or any other permitted lender, whether by way of loans, credit facilities, funded and/or non-funded facilities, debentures, bonds, notes, commercial papers, external commercial borrowings or any other debt instrument or arrangement, whether secured or unsecured, notwithstanding that the monies to be Item No. 2 undertakings, commitments and/or other financial accommodations of the Company, whether existing or future, within the overall limits Approval for Creation of security under Section 180(1)(a) of the approved by the members from time to time under Section 180(1)(c) Companies Act, 2013 of the Act. To consider and if thought fit, to pass the following resolution as a RESOLVED FURTHER THAT the aggregate amount secured by such SPECIAL RESOLUTION mortgages, charges, hypothecations, assignments, pledges, liens and/or other security interests, together with interest, additional interest, default “RESOLVED THAT pursuant to the provisions of Section 180(1)(a) interest, liquidated damages, commitment charges, premia on and other applicable provisions, if any, of the Companies Act, 2013 prepayment or redemption, remuneration of trustees, costs, charges, (“Act”) read with the Rules made thereunder, including any statutory expenses and all other monies payable in connection ther [Showing first 8,000 characters — download PDF for full document]