Welspun Enterprises Limited has scheduled its 32nd Annual General Meeting (AGM) for Thursday, August 20, 2026, at 11:00 a.m. (IST) to transact business related to the financial year ended March 31, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (VC/OAVM), allowing shareholders to participate remotely without physical presence. This virtual format ensures broader accessibility for members while complying with regulatory guidelines issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

The most material outcome for investors is the recommendation of a final dividend of ₹3 per equity share. The Board of Directors, in its meeting held on May 14, 2026, approved this payout at a rate of 30% on the face value of ₹10 per share. The dividend is payable to shareholders whose names appear in the Register of Members as of Friday, July 03, 2026. Payment is scheduled to commence on or after the date of the AGM, contingent upon shareholder approval during the meeting.

Meeting Logistics and Participation

Shareholders can join the AGM via VC/OAVM facilities, with instructions provided in the official notice. Participation through these mediums counts toward the quorum under Section 103 of the Companies Act, 2013. Members will also have the opportunity to cast their votes remotely on all agenda items through the e-voting system. Login credentials for e-voting will be made available via email and on the company’s website after successful registration.

To receive electronic copies of the AGM notice and the Annual Report for FY25-26, shareholders must have registered their email addresses with the company or their Depository Participants (DPs) as of the BENPOS date, Friday, July 24, 2026. These documents are also accessible on the company’s website and the stock exchange portals.

Key Dates and Shareholder Actions

Regulatory Compliance and KYC Updates

In compliance with SEBI Circular dated May 07, 2024, shareholders are mandated to register their PAN, nomination details, contact information, bank account details, and specimen signatures with the company or its Registrar and Transfer Agent (RTA). Failure to update these details may result in dividend payments being processed only through electronic modes. Physical shareholders are requested to submit Form ISR-1 along with self-attested copies of their PAN Card and identity proof to MUGF Intime India Private Limited, the RTA. Demat account holders should update their bank details directly with their DPs to avoid delays in receiving dividends.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Newspaper advertisements informing members about the AGM were published on July 27, 2026, in Financial Express, Kutchmitra, and Kutchuday.

Welspun Pune Shirur Projects Limited, a wholly owned subsidiary of Welspun Enterprises , has signed a sub-concession agreement with Maharashtra State Infrastructure Development Corporation Limited and the Government of Maharashtra for a highway project valued at approximately ₹7,300 crore. The agreement, executed on July 13, 2026, pertains to the construction of a 6-lane partially elevated highway corridor along with the improvement of the existing road from Km 10+600 to Km 64+000 on the Pune to Shirur section of NH-753F in Maharashtra. The project has a minimum design length of 53.40 km and will be undertaken on a Design, Build, Finance, Operate and Transfer (DBFOT) toll mode.

The total sub-concession period for the project is 29 years, subject to extension as per the terms of the agreement. This duration includes a construction period of 4 years commencing from the Appointed Date. The development is significant given the scale of investment and the infrastructure enhancement it brings to the state's road network.

Project Details

The following table outlines the key specifications of the Pune-Shirur highway project:

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading window for dealing in the securities of Welspun Enterprises by Designated Persons involved in the project has been closed since July 01, 2026, and is scheduled to re-open 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026.