WIL/SEC/2018 October 15, 2018 Bombay Stock Exchange .

NçT44rWELSPUN ND AHOME TEXTILESWIL/SEC/20 18ToBombay Stock Exchange LimitedDepartment of Corporate Services,SP. J. Towers, Dalal Street,Mumbai—400 001(Scrip Code-514162)October 15, 2018National Stock Exchange of India LimitedListingCompliance DepartmentExchange Plaza, Bandra-Kurla Complex,Bandra (E), Mumbai 400 051(Symbol: WELSPUNIND, Series BE)—Dear Sir/Madam,Sub: Corporate Governance Report for the quarter and half year ended September 30,2018Pursuant to Regulation 27(2) of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015 read with SEBI Circular ref. CIRJCFD/CMD/5/2015 dated September 24,2015, please find enclosed the Corporate Governance Report for the quarter and half year endedSeptember 30, 2018.Kindly take the same on record.Thanking You,Yours faithfully,For Welspu India LimitedS ashikant ThoratCompany SecretaryICSI Membership No. : FCS-6505End: As aboveWelspun India LimitedWeispun House, 6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel (West), Mumbai 400 013, India.T 91 22 6613 6000 / 2490 8000 F 91 22 2490 8020 / 2490 8021E-mail companysecretary, wiI welspun.com Website : www.welspunindia.comRegistered Address: Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat 370 110, India.T: 91 2836 651111 F: 91 2836 279 010Works: Survey No. 76, Village Morai, Vapi, District Valsad, Gujarat 396 191, India.T: 91 260 2437437 F: 91 260 22437088Corporate Identity Number: L17110GJ1985PLC033271

Corporate Governance Report as per Regulation 27(2) of Securities and Exchange Board of India (ListingObligation and Disclosure Requirements), Regulations, 2015.-Name of the listed entity: Welspun India LimitedQuarter ending: September 30, 2018I. Composition of Board of DirectorsTitleName ofPAN & DIN,(Mr.! aMs.Dipali Goenka-Mr.Ram GopalSharmaMr.Arun TodarwalDIN: 00026514PAN:AOQPS3I14RDIN: 00020916PAN:‘7For WeispunO octDIN: 00270175PAN:AEOPG4S9IDDIN: 00007179PAN:AACPM26O1DDIN: 00007199PAN:AEOPG4886L!nd LiwkOd-CGrflWW s eflndependentlNominee)Date ofappointment in rectorManaging DirectorExecutiveDirectorCEO & JointManaging DirectorExecutiveDirectorIndependent17.01. 1985Tenure-26.10. 1989-01.04. 2013-Independent01.04. 2014Upto31.03.201901.04. 2014Upto31.03.2019No. ofDirectorship inListedentitiesincluding thislistedentity*%No. ofmemberships inAudit/StakeholderCommittec(s)includingthis listedentity 0402No. of postofChairperson inAudit/StakeholderCommitteeheld inlistedentitiesincludingthis listedentity*

AAGPT5697LPradeep PoddarArvind KumarSinghalShalil AwaleDIN: 00025199PAN:AAEPP355OCDIN: 00709084PAN:AAOPS33O6HDIN: --Nominee Director29.09.2018Details regarding Directorship, Chairmanship /Membership in other Committees is as per last disclosure available with the*Company# Apart from above, the following Director(s) holds Membership and Chairmanship in Audit Committee of unlisted publiclimited company or deemed to be public limited company:Name of DirectorMr. Ram Gopal SharinaMr. Arun TodarwalMembership54Chairmanship23% Includes Directorship in all listed companies regardless of whether as Independent / Non-Independentexecutive Nominee Director.IL Corn rnsition of CommitteeSr. NoName of Cornrnittee.Name of CommitteeMembers.1.Audit Committee,2.3.4.For Weispun ndia-Director I b&upany SQcwIasyNomination & RemunerationCommitteeRisk ManagementCommitteeThe Stakeholders’IExecutiveI dependent/Nominee)Mr. Ann TodarwalMr. Ram Gopal SharmaMr. Pradeep PoddarMr. Ram Gopal SharmaMr. Awn TodarwalMr. Pradeep PoddarNot ApplicableChairman IndependentMember IndependentMember IndependentChairman IndependentMember IndependentMember IndependentNot ApplicableMr. Ram Gopal ShamiaChairman—-——-——Independent

Relationship, Share Transferand Investor GrievanceCommitteeMr. Balkrishan GoenkaMr. Rajesh MandawewalaIII. Meetings of Board of DirectorsDate(s) of Meeting (if any) inDate(s) of Meeting (if any) inthe previous quarterthe relevant quarterMay 16, 2018July 27, 2018September 21, 2018IV. Meeting of CommitteesDate(s) of meeting ofWhether requirementthe Committee in theof Quorum metrelevant quarter(details)Member - Non-Executive DirectorMember - Executive DirectorMaximum gap between any twoconsecutive (in number of days)71 days55 daysDate(s) of meeting ofthe committee in theprevious quarterMaximum gapbetween any twoconsecutive meetingsin number of days1. Audit Committee MeetingJuly 25, 2018YesJune 27, 201827 daysJuly 26, 2018Yes01 daysJuly 27, 2018Yes01 day2. Nomination & Remuneration CommitteeJune 02, 2018YesMay 24, 2018July 26, 2018Yes3. The Stakeholders’ Relationship, Share Transfer and Investor Grievance CommitteeSeptember 03, 2018YesJune 04, 20184. Risk Management CommitteeNot ApplicableV. Related Party TransactionsSubjectWhether prior approval of audit committee obtainedWhether shareholder approval obtained for material RPTCompliance Status (Yes/No/NA)YesApproval of the shareholders was obtained at the AnnualGeneral Meeting held on September 25, 2014 for entering intotransactions with Welspun Global Brands Limited and Welspun

Whether details of RPT entered into pursuant to omnibusapproval have been reviewed by Audit Committeeof the Company.YesVI. Affirmations1.The Composition of Board of Directors is in terms of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015.2.The composition of the following committees is in terms of SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015.a. Audit Committeeb. Nomination & Remuneration Committeec. Stakeholders Relationship Committeed. Risk Management Committee (applicable to the top 100 listed companies) Not Applicable3.The Committee members have been made aware of their powers, role and responsibilities as specified in SEBI(Listing Obligations and Disclosure Requirements), Regulations, 2015.4.The meetings of the board of directors and the above committees have been conducted in the manner as specified inSEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.5.This report will be placed before Board of Directors at the next Board MeetingAny comments! observations! advice of Board of Directors may be mentioned here Not applicable—-wFor Welspun India LimitedShashikant ThoratCompany SecretaryDate: October 15, 2018Place: Mumbai

27(2) of Securities and ExchangeBoard of India (Listiiig Obligation and Disclosure Requirements), Regulations, 2015read with Circular Ref. No. CIR/CFD/CMD/5/2015 dated September 24, 2015.Corporate Governance Report as per RegulationName of the listed entity: Welspun India LimitedHalf Year ended: September 30, 2018I AffirmationsBroad headingRegulationNumberComplianceStatusCopy of the annual report including balance sheet, profitand loss account, directors report, corporate governancereport, business responsibility report displayed onwebsite46(2)(Yes/No/NA)YesPresence of Chairperson of Audit Conunittee at theAnnual General Meeting18(1)(d)YesPresence of Chairperson of the nomination andremuneration committee at the annual general meeting19(3)NoWhether “Corporate Govemance Report” disclosed inAnnual Report34(3) readwith para Cof ScheduleVYesNote:Pursuant to the provision of Section 178(7) of the Companies Act, 2013,Chairnian of theNomination & Remuneration Committee, Mr. Rain Gopal Sharma, had vide a letter datedAugust 09, 2018 authorised Mr. Ann Todarwal, Member of Nomination & RemunerationCommittee, to attend the Annual General Meeting on his behalfF spundia LimitedShashikant ThoratCompany SecretaryFCS—6505

Bombay Stock Exchange Limited National Stock Exchange of India Limited Department of Corporate Services, ListingCompliance Department SP. J. Towers, . Copy ofthe annual report including balance sheet, profit 46(2) Yes and loss account, directors report, corporate governance report, bus