Welspun Corp Limited has secured a substantial order worth approximately Rs 1,000 crore for pipe supply from its US facility, significantly strengthening its global order book position. The announcement was made on March 30, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details and Financial Impact

The latest order represents a major business win for Welspun Corp's US operations, focusing on pipe supply services. This order, combined with additional orders secured since the company's last announcement on January 30, 2026, has substantially enhanced the company's order book position.

Global Order Book Growth

With this latest addition, Welspun Corp's consolidated global order book has demonstrated significant growth, providing substantial business visibility across its international operations. The order book has increased from the previous level of Rs 23,500 crore to the current position.

Execution Timeline and Guidance

The company has outlined a structured execution plan for its order book, spanning multiple financial years to ensure systematic delivery and revenue recognition. The guidance covers FY26-27 period with extended execution through FY28.

Key Execution Parameters:

• Execution Period: FY26, FY27, and FY28
• Guidance Period: FY26-27
• Asset Utilization: Both India and USA facilities
• Business Continuity: Clear visibility for multi-year operations

Regulatory Compliance

The announcement demonstrates Welspun Corp's commitment to transparent disclosure practices. The company has made this announcement in full compliance with:

• Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
• Company's Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information

This substantial order win reinforces Welspun Corp's strong market position in the pipe manufacturing sector and its ability to secure large-scale international contracts. The robust order book growth from Rs 23,500 crore to Rs 24,700 crore provides the company with significant revenue visibility and operational planning advantages across its global facilities.

Welspun Corp Limited has announced the grant of 86,717 stock options to eligible employees under its Employee Benefit Scheme 2022. The decision was approved by the company's Nomination and Remuneration Committee during its meeting held on March 25, 2026.

Stock Option Grant Details

The comprehensive details of the stock option grant are structured as follows:

Vesting and Exercise Structure

The stock options follow a structured vesting schedule designed to promote employee retention:

Vesting Schedule

• Total Vesting Period: 3 years
• First Year: 30% of granted options
• Second Year: 35% of granted options
• Third Year: 35% of granted options
• First Vesting Date: One year from the grant date

Exercise Terms

Employees can exercise their vested options within one year from each respective vesting date, providing flexibility in timing their equity participation.

Regulatory Compliance

The Employee Benefit Scheme 2022 operates in full compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The scheme is implemented through the Welspun Corp Employees Welfare Trust, ensuring proper governance and administration of the employee stock option program.

This stock option grant represents Welspun Corp Limited's continued commitment to employee motivation and retention through equity participation, aligning employee interests with long-term company performance.