Welspun Investments and Commercials Ltd

AGM Details

• Date/time: 30 Sep 2026, 3:00 PM IST
• Mode: VC/OAVM

Key Resolutions

• Adopt audited financials for year ended Mar 31, 2026 (ordinary).
• Re-appointment of Devendra Patil as Non-Executive, Non-Independent Director.
• Investment by Vishwakarma Realty Private Limited in Indivara Realty Private Limited via Optional Convertible Debentures (RPT).

Voting Results

• All three ordinary resolutions passed.
• Results to be announced on the company website and filed with stock exchanges.

Dividend

• No dividend information disclosed.

Director Changes

• Re-appointment of Devendra Patil as Non-Executive Director (retiring by rotation).

Material Related Party Transactions

• Subsidiary investment in promoter group via Optional Convertible Debentures.

Auditors

• No auditor changes disclosed.

Welspun Investments and Commercials Limited — Trading window closed from October 01, 2026 till 48 hours after the date of Board Meeting to consider unaudited financial results for the quarter and half year ended September 30, 2026

VRPL infusion

• Infusion into Vishwakarma Realty Pvt Ltd, a WOS, up to Rs 1,285 crore via CCDs and OCDs.
• Related party transaction; SEBI LODR member approvals required.

Indivara investment

• Indivara Realty Pvt Ltd investment via OCDs up to Rs 1,000 crore; promoter group, related party, arm's length.

Regulatory approvals

• Investments subject to member approvals under SEBI LODR.

Acquisition details

• Target: Vishwakarma Realty Private Limited (VRPL), a real estate company in India.
• Acquired 100% equity stake (50,000 shares of Rs 10 each).
• Seller: DBG Estates Holdings LLP, a promoter group entity.
• Consideration: cash from internal accruals; amount not disclosed.
• Completion date: 01 September 2026; VRPL becomes wholly owned subsidiary.
• Regulatory approvals: not specified.
• VRPL not a material subsidiary per Regulation 16(1)(c).
• Size/turnover: not disclosed.
• Background: VRPL operates in real estate; incorporation and turnover details not disclosed.

Acquisition details

• Target: Vishwakarma Realty Private Limited, real estate and allied activities, India; incorporated 11 Dec 2025.
• Paid-up capital Rs 5 lakh; turnover FY2025-26 Nil; net worth Rs 4,75,795.
• Net assets as on 31.03.2026 Rs 4,75,795.
• Related party: Yes; promoter group interest; arm's-length transaction.
• Industry: Real estate and allied activities; yet to commence.
• Purpose: acquire 100% equity to form a wholly owned subsidiary to trade commodities and investments.
• Regulatory approvals: Not applicable.
• Timeline: On or before Sep 5, 2026.
• Consideration: Cash; INR 4,62,256.
• Shares acquired: 100% of 50,000 equity shares of Rs 10 each.
• Background: Incorporated 11 Dec 2025; turnover 2025-26 Nil; country India.

Transaction details

• Nature of transaction: Sale of 6,000,000 Welspun Corp Limited equity shares.
• Aggregate consideration: INR 1,365.18 crore.
• Price per share: Rs 2,275.30.
• Mode of sale: Block deal.
• Investee and current stake: Welspun Corp Limited; holds 758,000 shares post-transaction.
• Regulatory context: Regulation 30 disclosures under SEBI LODR.
• Impact: divestment reduces the company's equity exposure to Welspun Corp Limited.

Divestment of Welspun Corp shares

• Board approved divestment of up to 6,758,000 Welspun Corp shares at INR 2,250 floor price.
• Further disclosures to be provided upon completion of the sale.

Financial highlights

• Board approved unaudited Q1 FY27 results for quarter ended 30 Jun 2026.
• Total income Q1 2026: 13.15 lakhs; revenue from operations: 12.75 lakhs.
• Q1 2026 PAT: -14.88 lakhs; PBT: -14.80 lakhs.
• Year ended 31 Mar 2026: total income 522.39 lakhs; PAT 303.06; EPS 8.29.
• OCI for year ended 31 Mar 2026: -6,059.16; total comprehensive income -5,156.10.
• Auditor's review: unmodified; report dated Aug 04, 2026.
• Trading window reopens Aug 7, 2026.
• Company is a CIC with single domestic segment; no subsidiaries.