Welspun India Limited (WIL) in its board meeting held on 27 June 2022 noted the resignation of Mr. Arun Todarwal, the lead independent director, with effect from July 1, 2022, and appointed Mr. K.H. Viswanathan as the lead independent director, chairman of the audit committee, nomination and remuneration committee, ESG and CSR committee, risk management committee, stakeholders' relationship, share transfer and investor grievance committee and a member of finance and administration committee with effect from July 1, 2022. Mr. K.H. Viswanathan is not debarred from holding office of director by virtue of any order by the securities and exchange board of India or any other such authority. The resignation letter provided by Mr. Arun Todarwal is enclosed.

Mr. Arun Todarwal has confirmed in the aforesaid resignation letter that there are no other material reasons for his resignation. Mr. Arun Todarwal is being appointed as an independent director of the company.