W.S. Industries (India) Ltd. — Board/Management Information 2021

Aug 9, 2021

9th August 2021

M/s.Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers 25th Floor, Dalal Street, Mumbai -400 001 Scrip code: 504220

M/s.National Stock Exchange of India Ltd. Regd. Office: "Exchange Plaza" Bandra-Kurla Complex Sandra (East), Mumbai - 400 051. Symbol: WSI

Dear Sir,

Sub: Outcome of Board meeting

We would like to inform you that a meeting of the Board of Directors of the company was held on 9th August 2021 at shorter notice and discussed the following items:

1. Execution of the Settlement Agreements and other related documents with Edelweiss Asset Reconstruction Company Limited, Allium Finance Private Limited and IDBI Trusteeship Services Limited (acting in its capacity as trustee for and on behalf of the debenture holders of the Company) Uointly "Edelweiss Group") for the settlement of all outstanding dues of the Edelweiss Group (other than the debt allocated to the Vizag Plant of Rs.47.50 Crores) for Rs.95 Crores., over a specified period of time in tranches and for taking steps towards resolution of the Vizag Plant and debt allotted to the same.

2. Execution and availing of a temporary/bridge loan facility to part - finance the above.

The Board Meeting started at 12.30 pm and concluded at 01.30 pm. The above referred agreements have been entered on 9th August 2021.

We request you to take on record the same.

Your truly,

$.Industries (India) Limited

minathan Company Secretary

W.S. Industries (India) Ltd.

108, Mount Poommallcc Road. Pofflr. Oiemw- 600 116. India Tel (91) - 4-4- 7.435475-4 CIN

DeptB-nwl Website

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