WCL/SEC/2022

December 25, 2022

To,

BSE Ltd.

National Stock Exchange of India Ltd.

Department of Listing,

Exchange Plaza,

P. J. Towers, Dalal Street,

Bandra-Kurla Complex,

Mumbai - 400 001.

Bandra (E), Mumbai - 400 051.

(Scrip Code: Equity - 532144),

(Symbol: WELCORP, Series EQ)

(NCD -960468, 960491 and 973309)

Dear Sirs/ Madam,

Subject: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Further to our announcement on July 21, 2022 regarding commissioning of Blast Furnace and Sinter plant, Welspun Corp Limited (WCL) is pleased to announce the commissioning of its state- of-the-art Coke Oven plant in Anjar, Gujarat through Welspun Metallics Limited, a wholly owned subsidiary of the Company.

This facility has a production capacity of approximately 210,000 MT per annum of Coke which will primarily be used in the Blast Furnace for manufacturing of Hot Metal. This will help with continuous supply of high-quality coke at a competitive cost to run the plant efficiently.

Commenting on this, Mr. Vipul Mathur, Managing Director and Chief Executive Officer, WCL said, "I am delighted to see the facility being commissioned in record time despite multiple external challenges. This is a significant milestone in our quest to manufacture high quality Ductile Iron Pipes. The Coke Oven, which is built with the latest technology, adhering to the highest safety and environmental standards, will help us in optimizing our input costs."

The above is in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and the Company's Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information.

Yours faithfully,

For Welspun Corp Limited

Pradeep Joshi

Company Secretary

FCS-4959

PS:

Investor Relations: Mr. Gaurav Ajjan at Gaurav_Ajjan@welspun.com / +91 22 6613 5748

Media Queries: Ms. Saumya Sharma at Saumya_Sharma@welspun.com/ +91 8976800907

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Welspun Corp. Limited published this content on 25 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 December 2022 11:20:26 UTC.