Welspun Specialty Solutions Limited has issued a postal ballot notice dated March 9, 2026, seeking shareholder approval for the re-appointment of two Independent Directors for their second consecutive terms. The company has engaged National Securities Depository Limited (NSDL) to facilitate the e-voting process for all eligible members.

E-voting Timeline and Process

The remote e-voting process has been structured to ensure maximum shareholder participation through electronic means only:

Director Re-appointments

The postal ballot seeks approval for re-appointing two experienced professionals who have served their first terms effectively:

Professional Profiles

Mr. K H Viswanathan brings over 38 years of comprehensive experience as an Associate Cost & Management Accountant. His expertise spans Risk Advisory services including Internal, Management, and Forensic Audits, Tax Advisory, Corporate Structuring, and Mergers & Acquisitions Due Diligence. He holds 2,00,000 equity shares (0.03%) in the company and currently serves on the boards of Welspun Anjar SEZ Limited and Welspun Captive Power Generation Limited.

Ms. Amita Misra contributes 38+ years of experience from government and international organizations. She holds a Post Graduate degree in Economics and certificates from Harvard Business School, National Defence College, Indian Institute of Chartered Accountants, and Indian School of Public Administration. Her specialization includes Audit, Financial Management, Procurement, and Industrial Development Projects. She currently serves on multiple boards including Dalmia Bharat Sugar and Industries Limited.

Regulatory Compliance Framework

The re-appointments comply with comprehensive regulatory requirements under Indian corporate law:

Shareholder Participation

The company has implemented a digital-first approach for the postal ballot process. Physical copies of the notice and postal ballot forms are not being sent to members. The notice is available on the company website ( www.welspunspecialty.com ), BSE website ( www.bseindia.com ), and NSDL's e-voting platform ( www.evoting.nsdl.com ). Results will be announced within prescribed limits under the Companies Act 2013 and SEBI LODR Regulations 2015 following the conclusion of remote e-voting.

Welspun Specialty Solutions has reported impressive financial results for Q3, demonstrating significant improvement in both profitability and operational efficiency. The company's performance metrics show substantial year-on-year growth across key financial indicators.

Financial Performance Highlights

The company's Q3 financial performance showcased remarkable growth in profitability metrics. The most notable achievement was the substantial increase in EBITDA, which more than doubled compared to the previous year's corresponding quarter.

Operational Efficiency Improvement

The company demonstrated significant enhancement in operational efficiency during the quarter. The EBITDA margin expansion from 3.84% to 7.50% year-on-year represents a substantial improvement of 366 basis points, indicating better cost management and operational leverage.

Strong Profitability Growth

Welspun Specialty Solutions' EBITDA growth of 126.67% year-on-year reflects the company's ability to generate higher earnings before interest, taxes, depreciation, and amortization. This performance indicates improved business fundamentals and enhanced revenue generation capabilities during the quarter.