Welspun Enterprises Limited, a leading infrastructure development company, announced significant changes to its senior management team on January 3, 2025. These changes, effective from January 6, 2025, reflect the company’s commitment to driving innovation and excellence in its Water Vertical operations.

Key Leadership Changes

1. Mr. Saurin Patel:

   • Currently the Managing Director of Welspun Michigan Engineers Limited (WMEL), a material subsidiary of Welspun Enterprises.
   • His role has been expanded to include leadership of the integrated Water Vertical, encompassing operations of ongoing and future water projects for both Welspun Enterprises and WMEL.
   • This expansion is aimed at enhancing execution efficiency and fostering a culture of innovation within the Water Vertical.

2. Mr. Yogen Lal:

   • Transitioning from his role as CEO of the Water Vertical to focus on Strategy and Business Development for the integrated Water Vertical.
   • He will report directly to Mr. Saurin Patel, ensuring a seamless collaboration between strategic planning and operational execution.

Strategic Objectives

The leadership realignment is expected to:

• Streamline operations of water projects under a unified vision.
• Drive execution excellence through integrated leadership.
• Foster a culture of innovation and strategic growth in water infrastructure development.

Regulatory Disclosure

This announcement aligns with Regulation 30 of SEBI (LODR) Regulations, 2015, ensuring full transparency. As per the company’s filing:

• The leadership changes do not involve any new appointments or related party transactions.
• No disclosure of relationships between directors is applicable as no new director appointments are made.

Implications for the Future

With these changes, Welspun Enterprises is poised to strengthen its presence in the water infrastructure sector. The integration of leadership roles is a strategic move to enhance project execution capabilities and align business development with operational goals.

The updated leadership structure is a testament to Welspun’s commitment to delivering innovative and sustainable solutions in India’s growing water infrastructure domain.

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