Welspun Specialty Solutions Limited has scheduled its 44th Annual General Meeting (AGM) for Friday, July 17, 2026, at 2:00 p.m. IST. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) to ensure shareholder participation. The company has fixed Friday, July 10, 2026, as the record date to determine shareholder eligibility for voting and participation in the AGM proceedings.

The business to be transacted at the meeting includes the adoption of audited financial statements for the financial year ended March 31, 2026, and the re-appointment of Mr. Prakashmal Tatia (DIN: 06559106) as a director liable to retire by rotation. Shareholders will also consider the ratification of payment of remuneration to the cost auditors, M/s. Kiran J. Mehta & Co., for the financial year 2026-27.

The facility for remote e-voting will be available from Monday, July 13, 2026, at 9:00 a.m. to Thursday, July 16, 2026, at 5:00 p.m. Members who have cast their votes by remote e-voting prior to the AGM may participate but shall not be entitled to cast their votes again. The scrutinizer for the e-voting process is Mr. Harsh Kothari of Harsh Kothari & Associates, Practising Company Secretaries.

AGM Details

Welspun Specialty Solutions Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with BSE Limited. The voluntary report outlines the company's adherence to the National Guidelines on Responsible Business Conduct and details its performance across environmental, social, and governance parameters. The company reported a total turnover of ₹886.20 Crores and a net worth of ₹456.54 Crores for the period.

The filing confirms that the disclosures are provided on a standalone basis, covering the company's manufacturing facility located at Jhagadia, Dist. Bharuch, in Gujarat. Welspun Specialty Solutions Limited operates as a world-class manufacturer of alloy and stainless-steel products, including billets, ingots, black bars, tubes, pipes, and hollow profiles. Exports accounted for 16% of the total turnover during the financial year.

Operational and Financial Metrics

The company's paid-up capital stands at ₹397.57 Crores, divided into 66,26,11,445 equity shares of ₹6 each, fully paid up. Welspun Corp Limited holds a 55.17% stake in the entity as the holding company. The primary business activities, which account for 100% of the turnover, involve the manufacturing of industrial B2B products engineered to order for specific projects.

Workforce and Safety Performance

The company employed a total of 292 employees and 775 workers as of the end of the financial year. Women comprised 10% of the total workforce among employees and 1% among workers. The report highlights a robust safety record with a Lost Time Injury Frequency Rate (LTIFR) of 0 for both employees and workers in FY26. The company achieved 100% coverage of its Health, Safety, and Environment (HSE) management system across its plant.

Environmental Impact

Welspun Specialty Solutions reported total Scope 1 emissions of 12,724 metric tonnes of CO2 equivalent and Scope 2 emissions of 14,972 metric tonnes of CO2 equivalent. The combined emission intensity per rupee of turnover stood at 31 MT.CO2e/Rs. Crores, an improvement from 43 in the previous year. The company has implemented a Zero Liquid Discharge mechanism on-site and sources partially renewable electricity to reduce greenhouse gas emissions.

The ESG & CSR Committee, chaired by Mr K. H. Viswanathan, oversees the company's sustainability initiatives. The report confirms that the company has an anti-corruption and anti-bribery policy in place and received no complaints regarding sexual harassment, discrimination, or human rights violations during the year.