Pursuant to Regulation 30 and Regulation 51 read with Schedule III to the Listing Regulations, we are pleased to inform you that the Board of Directors of the Company ('Board') :- At its meeting held on March 14, 2023 have, inter alia, considered and approved the amalgamation of Welspun Metallics Limited ('the Amalgamating Company') with the Company, by way of merger by absorption pursuant to a scheme of arrangement under the provisions of Sections 230 - 232 and other applicable regulatory requirements (the 'Scheme'). The Amalgamating Company is an unlisted public limited company incorporated under the provisions of the Companies Act, 2013 and is a wholly owned subsidiary of the Company. The equity shares of the Company are listed on BSE Limited ('BSE') and National Stock Exchange of India Limited ('NSE') (BSE and NSE are collectively referred to as the 'Stock Exchanges'). The non-convertible debentures of the Company are listed on the BSE. Please take note that the Ahmedabad Bench of National Company Law Tribunal (NCLT) has vide order pronounced on October 27, 2023 sanctioned the Scheme of Amalgamation of Welspun Metallics Limited (the transferor Company) with Welspun Corp Limited (the transferee Company) and their respective shareholders. In terms of Scheme, the Captioned Scheme has become effective from the date of passing the Order by the NCLT i.e. October 27, 2023 with the Appointed date of April 1, 2022. (As Per BSE Announcement dated on 27.10.2023)