Welspun Corp Share Price

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This is further to our announcement dated September 17 2022 for securing a Carbon Capture Pipeline project in the United States for supply of HFIW pipes from our Little Rock plant in the U.S. We have been notified that in line with the provisions of the contract the customer wishes to exercise its right for delaying the delivery schedule which can be for a maximum period of 6 months. Basis the information in the public domain we believe this is on account of some regulatory hearings / proceedings and the customer remains upbeat on the project.The customer wishes to discuss and finalize the revised dates for the production schedule. We thus believe that this order will still be executed in FY 23-24 as originally planned. This deferment has no financial impact on our committed costs as we are fully covered on the same contractually.Please take the same on record.

Please be informed that the Conference Call Recording of Q3 FY23 results is available on the Companys website at www.welspuncorp.com under Investors -> Financials Results -> Financial Year 2022-2023. Please take the same on record.

In continuation to our letter dated February 2 2023 please find attached herewith the Business Update and Investors Presentations which is being released to the media simultaneously.

Pursuant to Regulation 54 read with Regulation 56 (1)(d) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 and in terms of the SEBI Circular SEBI/HO/MIRSD/MIRSD_CRADT/CIR/P/2022/67 dated May 19 2022 please find the attached quarterly security certificate received from statutory Auditors for the quarter ended December 31 2022. Please take the above mentioned on record.

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and on the recommendation of Nomination and Remuneration Committee meeting we wish to inform that the Board of the Company has appointed Mr. Manish Chokhani as Non-Executive Independent Director of the Company with effect from February 2 2023.