Shareholders meeting

WEL/SEC/2026 July 29, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Exchange Plaza, 5th Floor, Plot No. C-1, Block- 2nd Floor, New Trading Wing, Rotunda Building, G, Bandra-Kurla Complex, P.J. Towers, Dalal Street, Bandra (East), Mumbai – 400 001. Mumbai – 400 051. Scrip Code: 532553 NSE Symbol: WELENT Dear Madam/ Sir, Sub: Notice of the 32nd Annual General Meeting (AGM) and Annual Report for the FY 2025-26 This is to inform you that the 32nd AGM of Welspun Enterprises Limited (the Company) for the financial year (FY) 2025-26 is scheduled to be held on Thrusday, August 20, 2026, at 11:00 a.m. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in compliance with the applicable Circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI), and that the deemed venue of the AGM shall be the Registered Office of the Company. Pursuant to the Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (Listing Regulations), please find enclosed herewith the Notice convening the 32nd AGM and the Annual Report of the Company for the FY 2025-26. In terms of Regulation 46 of the Listing Regulations, the said Notice along with the Annual Report is also available on the website of the Company and can be accessed at www.welspunenterprises.com and on the website of National Securities Depository Limited (NSDL) at https://www.evoting.nsdl.com/ In terms of Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended and Regulation 44 of the Listing Regulations, the Company is providing facility to its Members to exercise their right to vote by electronic means, through remote e-Voting services of NSDL as well as e-Voting during the AGM. The e-Voting instructions and the process to join meeting through VC/OAVM is set out in the AGM Notice. In accordance with the applicable circulars issued by MCA and SEBI, the Notice of the AGM and the Annual Report of the Company for the FY 2025-26, is being sent through electronic mode only to those members whose e-mail addresses are registered with the Company or the Registrar and Share Transfer Agent or the Depository Participant(s). INFORMATION AT A GLANCE Particulars Details Mode VC/OAVM Time and date of the AGM Thrusday, August 20, 2026, at 11:00 a.m. (IST) Participation through VC/OAVM https://www.evoting.nsdl.com/ Helpline number for VC/OAVM participation 022-4886 7000 Dividend record date Friday, July 03, 2026 Dividend payment date On or after August 20, 2026 (within 30 days of AGM) Particulars Details Cut-off date for e-Voting Friday, August 14, 2026 Remote e-Voting start time and date Monday, August 17, 2026 at 09:00 a.m. (IST) Remote e-Voting end time and date Wednesday, August 19, 2026 at 05:00 p.m. (IST) URL for remote e-Voting https://www.evoting.nsdl.com/ Kindly take the same on record. Thanking you. For Welspun Enterprises Limited Nidhi Tanna Company Secretary ACS - 30465 Encl.: As above II Notice WELSPUN ENTERPRISES LIMITED CIN: L45201GJ1994PLC023920 Address: Regd. Office: Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat – 370 110 Tel: (+91) 2836 662222 Fax: (+91) 2836 279010 Corporate Office: Welspun House, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai-400 013 Tel: (+91) 022 6613 6000 Fax: (+91) 022 2490 8020 Website: www.welspunenterprises.com E-mail: Companysecretary_wel@welspun.com Notice NOTICE is hereby given that the 32nd Annual General and Auditors) Rules, 2014 (including any statutory Meeting (“AGM”) of the Members of Welspun Enterprises modification(s) or re-enactment thereof for the time Limited (“the Company”) for the financial year (“FY”) being in force), and based on the recommendation 2025-26 will be held on Thursday, August 20, 2026, of the Audit Committee and the Board of Directors, at 11.00 AM (IST) through Video Conferencing (“VC”) / approval of the Members of the Company was granted Other Audio Visual Means (“OAVM”) for which purpose the at the 31st AGM for appointment of M/s Suresh Surana registered office of the Company situated at Welspun City, & Associates LLP, Chartered Accountants, as the Village Versamedi, Taluka Anjar, District Kutch, Gujarat – Statutory Auditors of the Company for a period of five 370110, shall be deemed as the venue for the Meeting and (5)years. the proceedings of the AGM shall be deemed to be made thereat, to transact the following business(es):- NOW IT IS THEREFORE: ORDINARY BUSINESS “RESOLVED THAT the Company hereby approves 1) To receive, consider and adopt the audited financial remuneration of ₹0.54 Crore (Rupees Fifty-Three statements, on consolidated and standalone basis, for Lakh Fifty-Five Thousand Only) plus applicable taxes the FY ended March 31, 2026, and the reports of the (subject to deduction of tax as may be applicable) and Board of Directors and the Auditors thereon. out of pocket expenses, as may be approved by the Board of Directors, to M/s Suresh Surana & Associates 2) To declare a final dividend of ₹3/- (Rupees Three LLP, Chartered Accountants (Firm Registration. Only) per equity shares of face value of `10/- (Rupees No. 121750W/ W100010), Statutory Auditors of the Ten Only) each at the rate of 30% on the equity shares Company to conduct audit for the FY 2026-27. for the FY 2025-26. RESOLVED FURTHER THAT Board of Directors of the 3) To appoint a director in place of Mr. Rajesh Mandawewala Company be and is hereby authorized to do all such (DIN: 00007179), who retires by rotation, and being acts, deeds, matters and things and to take all such eligible, offers himself for re-appointment. steps as may be required in this connection including seeking all necessary approvals to give effect to this To consider, and, if thought fit, to pass the following resolution and to settle any questions, difficulties or resolution as an Ordinary Resolution: doubts that may arise in this regard.” “RESOLVED THAT pursuant to the provisions of SPECIAL BUSINESS Section 152 and other applicable provisions of the Companies Act, 2013, the approval of the Members of 5) Ratification of remuneration payable to the Cost the Company be and is hereby accorded to re-appoint Auditors of the Company for the FY 2026-27 Mr. Rajesh Mandawewala (DIN: 00007179) as Director, who is liable to retire by rotation.” To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: 4) Ratification of remuneration payable to the Statutory Auditors of the Company for the “RESOLVED THAT pursuant to the applicable FY 2026-27 provisions of Section 148 of the Companies Act, To consider, and, if thought fit, to pass the following 2013 read with Rule 14 of the Companies (Audit resolution as an Ordinary Resolution: and Auditors) Rules, 2014 and the Companies (Cost Records and Audit) Rules, 2014 and other applicable WHEREAS pursuant to the provisions of Section 139, provisions of the Act, (including any statutory 142 and other applicable provisions, if any, of the modification(s) or amendment(s) or re-enactment(s) Companies Act, 2013, read with the Companies (Audit thereof, for the time being in force), and based on 1 Annual Report 2025-26 the recommendation of the Audit Committee and seeking all necessary approvals to give effect to this the Board of Directors, the Company hereby ratifies resolution and to settle any questions, difficulties or the remuneration of ₹0.038/- Crore (Rupees Three doubts that may arise in this regard.” Lakh Eighty-One Thousand One Hundred and Fifty Only) per annum, exclusive of applicable taxes and 7) A pproval for Private Placement of securities re-imbursement of out of pocket expenses, payable upto ₹1,000 Crore to M/s. Kiran J. Mehta & Co., Cost Accountants (Firm Registration No. 000025), who have been To consider, and, if thought fit, to pass the following re-appointed as the Cost Auditor of the [Showing first 8,000 characters — download PDF for full document]