WELENT

- Order Win: Welspun Michigan Engineers Limited (Material Subsidiary of Welspun Enterprises Limited) received a Letter of Acceptance. - Details of the order win and value were not explicitly provided in the filing content.

- Welspun Enterprises Limited received a Show Cause Notice from the State GST Authority, Haryana on September 30, 2026. - The SCN proposes a tax demand of ₹15,37,46,253/- along with applicable interest and penalty for FY 2022-23. - The dispute pertains to alleged short payment of tax, excess availment of ITC, and delayed payments to vendors beyond 180 days. - The company believes the demand is not maintainable, expects it to be set aside, and foresees no material impact on its operations.

- Welspun Enterprises received a Show Cause Notice from the State GST Authority, Uttar Pradesh, for FY 2022-23. - The notice proposes tax demand of ~Rs. 71.24 Crore along with applicable interest and penalty due to alleged short payment of tax and excess availment of ITC. - The company stated the demand is not maintainable and expects it to be set aside without material financial impact.

- Crisil Ratings upgraded the Long Term Rating for Welspun Enterprises Ltd to 'Crisil AA/Stable' from 'Crisil AA-/Positive' for ₹2,600 Cr bank facilities. Short Term Rating of 'Crisil A1+' for WEL and its ₹200 Cr Commercial Paper was re-affirmed. - For Welspun Michigan Engineers Ltd, Long Term Rating for ₹353.58 Cr bank facilities was upgraded to 'Crisil AA-/Stable' from 'Crisil A+/Positive', and Short Term Rating upgraded to 'Crisil A1+'. - For Welspun EDAC JV Pvt Ltd, Long Term Rating for ₹100 Cr bank facilities was upgraded to 'Crisil AA (CE)/Stable' from 'Crisil AA-(CE)/Positive'. Short Term Rating was re-affirmed at 'Crisil A1+ (CE)'.

- Order Win: Welspun Michigan Engineers Limited (WMEL), a material subsidiary of Welspun Enterprises Limited, secured two sewer rehabilitation projects from Ahmedabad Municipal Corporation (AMC). - Order Value: ₹351.24 Crore (including GST & excluding provisional sum). - Completion Timeline: 24 months from the commencement date. - Other Details: The projects are funded by the World Bank.

- Investor/Analyst Meeting Schedule: - September 21, 2026: Anand Rathi G-200 Summit 2026 (Physical) - September 23, 2026: The JM Financial Environment & Energy Conclave (Physical) - September 29, 2026: Bharat Connect Conference (Virtual) - No unpublished price-sensitive information will be shared. - Information already in public domain and the Q1 FY27 investor presentation will be presented.

- Welspun Enterprises Limited clarified on September 08, 2026, regarding the spurt in its securities' volume. - The company stated there are no price-sensitive events, information, or developments requiring disclosure under SEBI Regulations.

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- Q1 FY27 performance was soft with consolidated revenue of INR 774 crores, impacted by external factors like supply chain disruptions, temporary construction stoppage in Mumbai, and labor availability. - Despite challenges, EBITDA margin remained strong at 22.9%, exceeding the 18%+ guidance. Reported PAT was INR 56 crores, including a non-recurring loss from discontinued operations. - Signed definitive agreement for divestment of Aunta-Simaria HAM project for approximately INR 1,000 crores, expected to complete in Q2 FY27, reducing debt by about INR 800 crores. - Consolidated order book stands at over INR 18,700 crores as of June 30, 2026, with WMEL's order book at INR 2,135 crores. - Management expects execution momentum to improve in coming quarters and targets 15-20% annualized growth for FY27, aiming to aggregate INR 8,000-10,000 crores in new orders. - Strong financial position with net worth of INR 3,324 crores, cash & cash equivalents of INR 1,792 crores, and net debt of INR 109 crores, supported by strong credit ratings (CRISIL AA- (Positive) and ICRA AA (Stable)). - Positive developments in the Oil & Gas business, with revised FDP submission and expected approval in 4-6 weeks, leading to production in approximately 2 years.

- Audio recording of the Earnings Call held on August 05, 2026, concerning the Un-audited Financial Results for the quarter ended June 30, 2026, is available on the company's website. - A link to the recording has been provided.

- Consolidated Revenue ₹773.72Cr vs ₹845.05Cr (▼8.43% YoY) - EBITDA ₹150.81Cr vs ₹181.26Cr (▼16.79% YoY) - PAT ₹56.36Cr vs ₹101.17Cr (▼44.29% YoY) - EBITDA Margin 19.49% vs 21.45% (▼196bps)

- Consolidated Revenue ₹774 Cr vs ₹845 Cr (▼8% YoY) - EBITDA ₹185 Cr vs ₹208 Cr (▼11% YoY) - PAT ₹56 Cr vs ₹101 Cr (▼44% YoY) - EBITDA Margin 22.9% vs 23.9% (▼95bps)