Welspun Corp Ltd

Meeting Details

• Date & time: Friday, 21 August 2026, 11:00 AM IST.
• Type & mode: conference call; virtual.
• Organizer: 360 ONE CM Research.
• Event: Conference Call to discuss Welspun Corp Business Update: Largest Ever Order Win.
• Management: MD & CEO; CFO; Head IR; Group Head IR.
• Purpose: discuss the Business Update—Largest Ever Order Win.

Order details

• Largest single order in Welspun history valued at USD 1.8 billion for US pipe supply.
• Execution window: FY2028–FY2029.
• Total order book stands at USD 4.4 billion, a historical high.
• Customer name for the award not disclosed in filing.

Meeting Details

• Aug 13, 2026 — Equirus Annual India Conference (Investor Group)
• Aug 14, 2026 — Emkay Confluence 2026 (Investor Group)
• Aug 25, 2026 — Recycled Materials & Steel Infrastructure Summit 2026 (Investor Group)
• Sep 3, 2026 — Elara Capital Annual Investor Conference – Ashwamedh 2026 (Investor Group)

Participants

• Company representatives to attend: Investor Group participation noted (names not disclosed)

Purpose

• To inform about scheduled investor conferences to be attended by Welspun Corp representatives

Additional Notes

• Schedule may change due to host/company exigencies
• No UPSI proposed to be shared during investor meetings

Meeting Details

• Event: Q1 FY 2026-27 conference call.
• Organiser: Welspun Corp.
• Mode: audio recording of earnings discussion.
• Availability: recording on Welspun Corp website (Investors section).

Participants

• Key company participant: Company Secretary.

Purpose

• Purpose: earnings discussion for Q1 FY 2026-27.

Order details

• Scope: supply of Coated Line Pipes from Welspun's Little Rock, USA facility.
• Value: approximately Rs 960 crore.
• Order book impact: consolidated global order book now ~Rs 25,750 crore (~US$2.7 billion).
• Execution period: scheduled for FY27 and FY28.
• Impact: reinforces revenue visibility and capacity utilization across India and USA assets.

Financial highlights

• Consolidated total income: Rs 4,144.91 cr; net profit: Rs 1,042.36 cr for quarter ended 30 Jun 2026.
• Standalone total income: Rs 1,605.70 cr; net profit: Rs 115.84 cr for quarter.
• Standalone revenue from operations: Rs 1,567.22 cr; cost of materials: Rs 1,129.24 cr.
• Gain on sale of EPIC shares: Rs 547.93 cr.
• EPIC sale: 14,17,280 shares sold by WMHL in Q1 2026.
• Earnings per share (quarter, standalone): Rs 4.39 basic and diluted.
• Board approved unaudited results; Limited Review Reports enclosed.
• Paid up equity share capital: Rs 131.90 cr; 26,37,90,645 shares.

Acquisitions & investments

• Acquisition: additional 51% in Welspun Captive Power Generation Limited for Rs 67.66 cr; stake to 74%.
• Completion expected by 31 August 2026.
• Annexure-A: Slagexcel Private Limited to be incorporated; 26% stake for Rs 26,000.
• Annexure-B: WCPGL acquisition details; 51% stake for Rs 67.66 cr.
• Turnover of WCPGL as of 31.03.2026: Rs 109.95 cr; 2024-25: Rs 98.13 cr; 2023-24: Rs 138.70 cr.
• Related party transaction; arms-length; promoter Welspun Living Limited selling stake.
• WCPGL post-acquisition holding: 74% in Welspun Corp group.

Capital structure & segment overview

• The Group operates in Steel Products and Others (including plastic products).
• Consolidated segment revenue: Steel products Rs 3,906.07 cr; Others Rs 175.05 cr; Total Rs 4,081.12 cr.

AGM details

• Date and time: 17 July 2026, 4:00 PM IST; mode: VC/OAVM.
• Remote e-voting: 13–16 July 2026; voting cut-off on 10 July 2026.

Key resolutions

• Ordinary: Adoption of standalone financial statements for the year ended Mar 31, 2026.
• Ordinary: Adoption of consolidated financial statements for the year ended Mar 31, 2026.
• Ordinary: Declaration of dividend on equity shares.
• Ordinary: Retirement by rotation of Mr. Aneesh Misra.
• Ordinary: Ratification of remuneration of Cost Auditor for FY 2026-27.
• Special: Payment of remuneration by commission to Balkrishan Goenka, non-executive chairman.

Voting results

• Item 1: Passed; in-favour 99.98%, against 0.02%.
• Item 2: Passed; in-favour 99.98%, against 0.02%.
• Item 3: Passed; in-favour 100%, against negligible.
• Item 4: Passed; in-favour 77.55%, against 22.45%.
• Item 5: Passed; in-favour 100%, against negligible.
• Item 6: Passed; in-favour 85.74%, against 14.26%.

Dividend

• Dividend on equity shares approved.

Director changes

• Retirement by rotation of Mr. Aneesh Misra; no other director changes reported.

Auditor appointments

• Remuneration of Cost Auditor for FY 2026-27 ratified.

Material related party transactions

• Remuneration by commission to Balkrishan Goenka (promoter) approved; amount not disclosed.

Other material approvals

• No additional material approvals reported.

Meeting Details

• Date and time: 27 July 2026 at 12:00 IST
• Virtual conference call for Q1FY27 results discussion
• Organizer: 360 ONE CM Research to host Welspun Corp concall

Participants

• MD & CEO of Welspun Corp on call
• CFO of Welspun Corp on call
• Head of Investor Relations, Welspun Corp on call
• Group Head - Investor Relations, Welspun World on call
• Director – Sintex (external participant) on call

Purpose

• Discuss Q1FY27 performance and earnings results

AGM Details

• AGM held on 17 July 2026 at 4:00 PM IST via VC/OAVM; concluded 05:03 PM IST.

Key Resolutions (Ordinary)

• Ordinary: Adoption of standalone financial statements for year ended 31 March 2026.
• Ordinary: Adoption of consolidated financial statements for year ended 31 March 2026.
• Ordinary: Dividend declaration on equity shares.
• Ordinary: Appointment of Aneesh Misra as Director liable to retire by rotation.
• Ordinary: Ratification of remuneration of Cost Auditor for 2026-27.
• Ordinary: Approval for payment of remuneration by way of commission to Non-Executive Chairman.

Voting Results

• Voting results are not provided in this filing; will be intimated separately.

Dividend

• Dividend on equity shares proposed/declared; amount per share not disclosed in this filing.

Director Changes

• Aneesh Misra appointed as Director; to retire by rotation.

Auditor Appointments

• Cost Auditor remuneration ratified for the financial year 2026-27.

Related Party Transactions

• No material related party transactions disclosed in AGM filing.

Other Material Approvals

• No additional material approvals disclosed in this filing.