Welspun Corp has scheduled its 31st Annual General Meeting (AGM) for Friday, July 17, 2026, at 4:00 p.m. IST via Video Conference. The Board has recommended a dividend of ₹5 per share for the financial year ended March 31, 2026, subject to shareholder approval. The company has fixed June 30, 2026, as the record date to determine eligibility for this dividend, which entails a cash outflow of ₹131.90 crore. Additionally, Welspun Corp is sending physical letters containing the web-link for the Annual Report 2025-26 to members whose email addresses are not registered with the company or its Registrar and Transfer Agent.

Annual General Meeting and E-Voting Details

The AGM will be conducted through Video Conference or Other Audio-Visual Means, with proceedings deemed to be held at the company's Registered Office in Gujarat. Shareholders must hold shares as of the cut-off date, Friday, July 10, 2026, to be eligible to vote. The remote e-voting period commences on Monday, July 13, 2026, at 9:00 a.m. IST and concludes on Thursday, July 16, 2026, at 5:00 p.m. IST. National Securities Depository Limited (NSDL) will provide the e-voting facility, and Ms. Mansi Damania of M/s. JMJA & Associates LLP has been appointed as the Scrutiniser.

Key Corporate Action Dates

Agenda and Financial Highlights

The AGM agenda includes the adoption of audited financial statements, the declaration of dividend, and the re-appointment of Mr. Aneesh Misra as Director. Special business encompasses the ratification of remuneration for cost auditors and the approval of commission for the Non-Executive Chairman. Welspun Corp reported its highest-ever consolidated EBITDA of ₹2,371 crore for FY 2025-26, with margins improving to 14% and ROCE exceeding 22%. The company maintains a net cash position of ₹1,627 crore and a global order book of approximately ₹25,350 crore.

Access to Annual Report

In compliance with Regulation 36(1)(b) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, the Annual Report 2025-26 is available online. Members without registered email addresses can access the report via the link provided on the company's website or the physical letter dispatched by Welspun Corp. The company has requested shareholders to update their email and bank details with their Depository Participants or the Registrar to facilitate digital communication.

Welspun Corp Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, disclosing an environmental footprint that includes total Scope 1 and 2 emissions of 18,25,740 metric tonnes of CO2 equivalent. The company reported a turnover of ₹8,299.37 crore and a net worth of ₹5,154.23 crore for the period. Intertek India Private Limited provided reasonable assurance for the core disclosures presented in the integrated annual report.

The company’s energy consumption for FY26 totaled 1,84,85,120 GJ, with energy intensity recorded at 2,227 GJ per ₹ crore of turnover. Water consumption stood at 14,77,443 kilolitres, achieving a water intensity of 0.40 KL per metric tonne of total goods produced. Welspun Corp reported that more than 90% of the waste generated was recycled, reused, or co-processed, avoiding disposal to landfill sites.

Environmental Performance

Welspun Corp identified climate change and energy as material risks, setting a target to achieve carbon neutrality by 2040. The company invested in renewable energy, commissioning a 3.5 MW rooftop solar plant at its Bhopal facility and a 1.19 MW plant at the Mandya facility during the year. It also invested in a Special Purpose Vehicle to secure 42 MW of round-the-clock renewable energy supply.

Social and Governance Metrics

The company reported a workforce of 4,174 individuals, comprising 1,250 employees and 2,924 workers. Women represented 10% of the total employees and 2% of the total workers. The Board of Directors included one female member out of ten. Welspun Corp stated that 100% of permanent employees and workers were covered by health and accident insurance.

Regarding governance, the report confirmed that there were no fines, penalties, or settlements paid to regulators during the financial year. The company also reported zero complaints related to sexual harassment, discrimination, child labour, or forced labour. The Board’s ESG Committee reviews progress on a quarterly basis.

Assurance and Compliance

Intertek India Private Limited conducted an independent reasonable assurance engagement in accordance with ISAE 3000 (Revised). The assurance covered select sustainability performance disclosures, including GHG emissions, water consumption, and waste management. The verification team concluded that the sustainability data and information were fairly presented in all material aspects as per the reporting guidelines.