Format for Voting Results Date of AGM/EGM (the resolution was passed through postal ballot voting including e-voting) Total number of shareholders on record date (Cut-off date) on 2.7.216 Shareholders present in the meeting either in person or through proxy s and : 14 Public: 44 Shareholders attended the meeting through Video Conferencing s and : N.A. Public: N.A. 27.7.216 34,8 58 N.A. Agenda-Wise disclosure Resolution 1: Consider and adopt Audited Financial Statements (standalone and consolidated), reports of the Board of Directors and Auditors thereon. Ordinary Category Mode of Voting Public - shares held [/]*1 (6)=[/] *1 % of Votes (7)=[/(2 )]*1 734,833,18 99.53 73483318 1 1,435,41.19 143541 1 738,277,19 Total 736,268,5 99.72 73626859 1 138,19,76 84.97 138,19,767 1 7 162,54,73 Total 138,19,76 84.97 138,19,767 1 7 32999.3 32999 1 1397887 42739.4 42739 1 Total 75,738.7 75,738 1 Total 1,4,725,15 874,454, 5 87.3 874,454,5 1
Resolution 2: Declaration of Final Dividend on Equity Shares. Category Mode of Votin held Public - Ordinary 734,83 3,18 1,435,4 738,277,19 1 Total 736,26 8,5 138482 564 [/]*1 (6)=[/] *1 on (7)=[/]* 1 99.53 73483318 1.19 143541 1 99.72 73626859 1 85.2 138482564 1 162,54,73 1 Total 138482 138482564 1 564 3349.3 3349 1 1397887 42739.4 42739 1 Total 75788.7 75788 1 Total 1,4,725,15 874826 852 87.7 874826852 1 Resolution 3: Re-appointment of Mr. Rajesh Mandawewala as a director of the Company, liable to retire by rotation. Category Mode of Votin held Ordinary 734,83 3,18 1,434,3 738,277,19 8 Total 736,26 747 [/]*1 (6)=[/] *1 on (7)=[/]* 1 99.53 734,833,18 1.19 1,434,38 1 99.73 736,26747 1
Public - 138465 457 85.19 133417956 54751 1 3.65 162,54,73 Total 138465 85.19 133417956 54751 1 3.65 457 3349.3 3349 275 96 4 1397887 42739.4 42739 1 Total 75788.7 7338 275 96.44 4 Total 1,4,725,15 87488 715 87.7 869758464 55251 99.42.58 Resolution 4: Ratification of appointment of Price Waterhouse Chartered Accountants LLP, Chartered Accountants as Statutory Auditors Category Mode of Votin held Public - Ordinary 734,83 3,18 1,435,4 738,277,19 1 Total 736,26 8,5 138465 457 [/]*1 (6)=[/] *1 on (7)=[/]* 1 99.53 73483318 1.19 143541 1 99.72 73626859 1 85.19 125121184 1334427 3 9 1 162,54,73 Total 138482 85.19 125121184 1334427 9 1 564 3 32649.3 32649 1 1397887 42739.4 42739 1 Total 75388.7 75388 1 Total 1,4,725,15 87489 345 87.7 86146572 1334427 3 98.47
Resolution 5: Confirmation of Mr. Arvind Kumar Singhal as an independent director Category Mode of Votin held Public - Special 734,83 3,18 1,435,4 738,277,19 1 Total 736,26 8,5 138241 378 [/]*1 (6)=[/] *1 on (7)=[/]* 1 99.53 73483318 1.19 143541 1 99.72 73626859 1 85.5 21775273 1164661 5 16 84 162,54,73 Total 138241 85.5 21775273 1164661 16 84 378 5 32999.3 32999 1 1397887 42739.4 42739 1 Total 75738.7 75738 1 Total 1,4,725,15 874585 616 87.5 758119511 1164661 5 86.68 13.32 Resolution 6: Payment of commission of 1% to Mr. Balkrishan Goenka, Chairman Category Mode of Votin held Ordinary [/]*1 (6)=[/] *1 on (7)=[/]* 1 734833 99.54 73483318 99.54 18 13. 13. 738,277,19 Total 734834 99.54 73483421 99.54 21
Public - 138138 177 84.99 21775273 1163629 4 16 84 162,54,73 Total 138138 84.99 21775273 1163629 16 84 177 4 3349.3 3349 3999 95 5 1397887 42739.4 42739 1 Total 75788.7 71789 3999 95 5 Total 1,4,725,15 87348 175 86.89 756681272 1163669 3 86.67 13.33 Resolution 7: Ratification of remuneration payable to Cost Auditor Category Mode of Votin held Public - Ordinary 734,83 3,18 1,435,4 738,277,19 1 Total 736,26 8,5 138465 457 [/]*1 (6)=[/] *1 on (7)=[/]* 1 99.53 73483318 1.19 143541 1 99.72 73626859 1 85.19 136471269 1994188 99 1 162,54,73 Total 138465 85.19 136471269 1994188 99 1 457 3349.3 3349 24 1 1397887 42739.4 42739 1 Total 75788.7 75764 24 1 Total 1,4,725,15 87489 745 87.7 872815533 1994212 99.77.23
Resolution 8: Appointment of Ms. Dipali Goenka as Joint Managing Director for a period of 5 years w.e.f. April 1, 216 Category Mode of Votin held Special [/]*1 (6)=[/] *1 734833 99.54 73483318 99.54 18 13. 13. 738,277,19 Total 734834 99.54 73483421 99.54 21 on (7)=[/]* 1 Public - 138241 378 85.5 13792197 339181 1 162,54,73 Total 138241 85.5 13792197 339181 1 378 32769.7 29969 28 96 4 1397887 42739 42739 Total 7558.7 7278 28 96 4 Total 1,4,725,15 873151 96 86.9 87289115 341981 99.96.4
E/82, Mayflower, Gabriel Street, Mahim, Mumbai-416 Contact: 98276759 E- mail : udaysohoni@gmail.com REPORT OF SCRUTINIZER [Pursuant to Section 19 of the Companies Act, 213 and Rule 21 of the Companies (Management and Administration) Rules, 214] To, The Chairman Welspun India Ltd. (CIN - L1711GJ1985PLC33271) Welspun City, Dist. Kutch 3711 (Gujarat) Dear Sir, 1. I, Uday Sohoni, Practising Company Secretary have been appointed by the Board of Directors of Welspun India Limited in the meeting held on April 25, 216, as a scrutinizer for for the purpose of scrutinizing the e voting process and ascertaining the requisite majority on e voting and carried out as per the provisions of Section 18 of the Companies Act, 213 read with Rule 2 of the Companies (Management and Administration) Rules, 214 on the resolutions contained in the tice dated April 25, 216 (hereinafter referred to as The Resolutions ) of the 31 st Annual General Meeting (AGM) of the shareholders of the company to be held on Wednesday, July 27, 216 at 11:3 a.m. at the Registered office of the Company at WelspunCity, Dist. Kutch 3711 (Gujarat). 2. The management of the Company is responsible to ensure the compliance of the requirements of the provisions of the Companies Act, 213 and the Rules relating to voting through electronic means on the resolutions contained in the tice. My responsibility as scrutinizer for e-voting process is restricted to the preparation of a scrutinizers report of the cast or the resolutions and Invalid, based on the reports generated from e-voting system provided by National Securities Depository Limited (NSDL), the authorized agency for providing e-voting facilities, engaged by the Company. 3. Further to the above, I submit my report as under: A. The e-voting period remained open from July 24, 216 at 9: am and ended on July 26, 216 at 5: pm. B. The shareholders of the Company as on the record date i.e. July 2, 216 were entitled to vote on the resolutions (Item. 1 to 8) as set out in the tice of the 31 st Annual General Meeting of the shareholders of the Company.
E/82, Mayflower, Gabriel Street, Mahim, Mumbai-416 Contact: 98276759 E- mail : udaysohoni@gmail.com C. The details of the list of shareholders, who have voted for and each of the resolutions that were put to vote, were generated from the e-voting website www.evoting.nsdl.com. The results of e- voting together with that of the poll are as under: Resolution. 1: Consider and adopt Audited Financial Statements (standalone and consolidated), reports of the Board of Directors and Auditors thereon. (i) Voted of the resolution: 278 87,44,54,5 1 (ii) Voted the resolution: Resolution. 2: Declaration of Final Dividend on Equity Shares (i) Voted of the resolution: 279 87,48,9,745 1
E/82, Mayflower, Gabriel Street, Mahim, Mumbai-416 Contact: 98276759 E- mail : udaysohoni@gmail.com (ii) Voted the resolution: Resolution. 3: Re-appointment of Mr. Rajesh Mandawewala as a director of the Company, liable to retire by rotation. (i) Voted of the resolution: 26 87,48,8,715 99.42 (ii) Voted the resolution: 19 5,5,251.58
E/82, Mayflower, Gabriel Street, Mahim, Mumbai-416 Contact: 98276759 E- mail : udaysohoni@gmail.com Resolution. 4: Ratification of appointment of Price Waterhouse Chartered Accountants LLP, Chartered Accountants as Statutory Auditor (i) Voted of the resolution: 255 87,48,9,345 98.49 (ii) Voted the resolution: 23 1,33,44,273 1.51 Resolution. 5: Confirmation of Mr. Arvind Kumar Singhal as an independent director. (i) Voted of the resolution: 127 75,81,19,511 86.68
E/82, Mayflower, Gabriel Street, Mahim, Mumbai-416 Contact: 98276759 E- mail : udaysohoni@gmail.com (ii) Voted the resolution: 15 11,64,66,15 13.32 Resolution. 6: Payment of commission of 1% to Mr. Balkrishan Goenka, Chairman (i) Voted of the resolution: 274 75,66,81,272 86.67 (ii) Voted the resolution: 4 11,63,66,93 13.33
E/82, Mayflower, Gabriel Street, Mahim, Mumbai-416 Contact: 98276759 E- mail : udaysohoni@gmail.com Resolution. 7: Ratification of remuneration payable to Cost Auditor (i) Voted of the resolution: 275 87,28,15,533 99.77 (ii) Voted the resolution: 4 19,94,212.23 Resolution. 8: Appointment of Ms. Dipali Goenka as Joint Managing Director for a period of 5 years w.e.f. April 1, 216. (i) Voted of the resolution: 273 87,28,9,115 99.96
E/82, Mayflower, Gabriel Street, Mahim, Mumbai-416 Contact: 98276759 E- mail : udaysohoni@gmail.com (ii) Voted the resolution: 4 3,41,981.4 During the e - voting process all the resolutions were passed with the required majority. The relevant records for the e-voting process will remain with us untill the minutes of the meeting are signed. Thereafter the same will be handed over to the Company. Yours faithfully, Uday Sohoni July 28, 216 Practising Company Secretary Mumbai CP.: 1916