Welspun Corp. Limited at its board meeting held on May 30, 2023 recommended a dividend at the rate of 100% (INR 5 per share) on 261,529,395 Equity Shares of INR 5 each fully paid-up, aggregating to INR 1,307,646,975. Pursuant to Regulation 42 of SEBI Regulations, 2015, that the Company has fixed June 16, 2023 as the "Record Date" for the purpose of determining the shareholders eligible for dividend, if any, approved by the shareholders of the Company at the upcoming Annual General Meeting.

The dividend, if any, approved at the upcoming AGM, will be paid within 30 days to those Members whose name appear in the Register of Members of the Company and/or the Register of Beneficial Owners maintained by the Depositories as on the Record Date.