Welspun Corp Ltd has informed BSE regarding a Press Release dated October 22, 2013 titled 'Unanimous approval of Shareholders and Creditors for the demerger of Welspun Corp Ltd.'. Welspun Corp Ltd has informed BSE that the Hon'ble High Court of Gujarat vide its Order dated January 10, 2014 sanctioned the demerger of the other businesses of Welspun Corp Limited (the 'Demerged Company') in to Welspun Enterprises Limited (the 'Resulting Company'). The order became effective on January 24, 2014. Further, the Company has fixed February 20, 2014 as the Record Date for the purpose of determining the members of the Demerged Company to whom securities of the Resulting Company will be allotted. (As Per BSE Announcement Dated on 11.02.2014) SUB. :- Scheme of Arrangement of Welspun Corp Ltd. (Scrip Code 532144) Trading Members of the Exchange are hereby informed that, Welspun Corp Ltd. has fixed the Record Date for the purpose of determining entitlement to the shareholders of the Company pursuant to the Scheme of Arrangement (Demerger) of the Company approved by the Hon'ble High Court of Gujarat at Ahmedabad. COMPANY NAME CODE Welspun Corp Ltd. (532144, 632144) RECORD DATE 20.02.2014 PURPOSE Scheme of Arrangement: - Upon the Scheme becoming effective and in consideration of the demerger of the Demerged Undertaking to Welspun Enterprises Ltd., Welspun Enterprises Ltd shall issue and allot to all shareholders of Welspun Corp Ltd. in the following ratio: 'For every 20 (TWENTY) equity shares of Rs.5/- each, held in Welspun Corp Ltd, every equity shareholder of Welspun Corp Ltd shall be entitled to receive 1 (ONE) equity share of Welspun Enterprises Ltd of Rs.10/- each fully paid up'. EX-ENTITLEMENT FROM DATE & SETT. NO. 18/02/2014 DR-225/2013- 2014 Note: Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated September 2, 2010, Trading members are hereby informed that the trading in the equity shares of the aforesaid company shall be transferred from B' group to T group w.e.f February 18, 2014 and pursuant to SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012; the aforesaid scrip shall be a part of Call Auction in Pre-open Session on February 18, 2014. Subject to compliance with requisite formalities the resulting company i.e. Welspun Enterprises Ltd will be listed (As Per BSE Notice Dated on 14.02.2014) Welspun Enterprises Ltd has informed BSE that under the Scheme of Arrangement approved by the High Court of Gujarat in January 2014 leading to the Demerger of Welspun Corp Limited to Welspun Enterprise Limited, the Company had issued equity shares representing 8.76% of its share capital to JP Morgan Chase Bank, NA, which is the depository bank on behalf of the GDR holders of Welspun Corp Limited. Subsequently the Company had completed the issuance of the GDRs to GDR holders. (As Per BSE Announcement Dated on 15.12.2014)