Shareholding Pattern under Regulation 31 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

1 Name of the Entity : Welspun Investments & Commercials Limited

2 Scrip Code / Name of Scrip / Class of security: BSE Code : 533252 NSE Code : WELINV Class : Equity

3 Shareholding Pattern filed under : Reg. 31(1)(a) / Reg. 31(1)(b) / Reg. 31(1)(c ) a. If under 31(1)(b) then indicate the report for Quarter ending 30.12.2019 b. If under 31(1)(c) then indicate the date of allotment / extinguishment

4 Declaration : The Listed entity is required to submit the following declaration to the extent of submission of information:-

Particulars Yes* No* 1 Wether the Listed Entity has issued any partly paid up shares? No 2 Wether the Listed Entity has issued any Convertible securities or warrants? No 3 Wether the Listed Entity has any shares against which depository receipts are issued? No 4 Wether the Listed Entity has any shares in locked-in? No 5 Wether any shares held by promoters are pledge or otherwise encumbered ? No Table I- Summary Statement holding of specified securities Category Category of Number of No. of fully paid No of partly paid up equity shares held No of Shares Total nos. of Shareholding as a Number of Voting Rights held in each class of securities No. of Shares Shareholding as a % Number of Locked-in Number of Shares Number of (i) Shareholder Shareholders up equity shares (v) underlying Shares held % of total no. of (ix) Underlying assuming full Shares pledged or otherwise equity shares (ii) (iii) held Depository (vii)=(iv)+(v)+(vi) shares (calculated Outstanding conversion of (xii) encumbered (xiii) held in (iv) Receipts as per SCRR, 1957) convertible convertible securities dematerialized (vi) (viii) securities (as a percentage of form No of Voting Rights Total as a % No. No. As a % of (including diluted share capital) (xiv) of (a) As a % of (a) As a % of (A+B+C2) warrants) (xi)=(vii)+(x) (A+B+C) total shares total shares (x) As a % of (A+B+C2) held held Class : Equity Class : NA Total (b) (b) (A) Promoter & Promoter Group 6 27,25,574 - - 27,25,574 74.58 27,25,574 - 27,25,574 74.58 - 74.58 - - - - 27,25,574 (B) Public 15,353 9,28,902 - - 9,28,902 25.42 9,28,902 - 9,28,902 25.42 - 25.42 - NA 9,03,874 (C ) Non- Promoter- Non Public ------NA - (C 1) Shares underlying DRs - - - - - NA - - - - - NA - - NA - (C 2) Shares held by Employee Trusts ------NA - Total 15,359 36,54,476 - - 36,54,476 100.00 36,54,476 - 36,54,476 100.00 - 100.00 - - - 36,29,448 Table II- Summary Statement holding of the Promoter and the Promoter Group Category Category of Number of Number of Locked-in Shares (i) Shareholder Shareholders Number of Voting Rights held in each class of securities No. of Shares Shareholding as a % (xii) Number of Shares pledged or (ii) (iii) Shareholding as a % (ix) Underlying assuming full otherwise encumbered (xiii) No of partly of total no. of shares Outstanding conversion of Number of equity No of Shares underlying Total nos. of No of Fully paid up equity shares held paid up equity (calculated as per convertible convertible securities shares held in PAN Number Depository Receipts Shares held (iv) shares held SCRR, 1957) No of Voting Rights securities (as a percentage of dematerialized form (vi) (vii)=(iv)+(v)+(vi) As a % of total (v) (viii) Total as a % of (including diluted share capital) No. As a % of total shares held No. (xiv) shares held As a % of (A+B+C2) (A+B+C) warrants) (xi)=(vii)+(x) (a) (b) (a) (b) Class : Equity Class eg:y Total (x) As a % of (A+B+C2)

(I) (II) (III) (IV) (V) (VI) 1 Indian (a) Individuals/Hindu undivided Family 6 27,25,574 27,25,574 74.58 27,25,574 27,25,574 74.58 74.58 - - - 27,25,574 (i) Balkrishan Gopiram Goenka AAATW3935E 1 26,80,608 26,80,608 73.35 26,80,608 26,80,608 73.35 73.35 26,80,608 (ii) Dipali Balkrishan Goenka AEOPG4886L 1 32,728 32,728 0.90 32,728 32,728 0.90 0.90 - - - - 32,728 (iii) Radhika Balkrishan Goenka ANEPG0498F 1 9,130 9,130 0.25 9,130 9,130 0.25 0.25 - - - - 9,130 (iv) Balkrishan Gopiram Goenka AEOPG4891D 1 2,229 2,229 0.06 2,229 2,229 0.06 0.06 - - - - 2,229 (v) Balkrishan Goenka (HUF) AACHB9482P 1 878 878 0.02 878 878 0.02 0.02 - - - - 878 (vi) Rajesh R. Mandawewala AACPM2601D 1 1 - - 1 0.00 1 - 1 0.00 - 0.00 - - - - 1 (b) Central Government / State Government (s) ------(c ) Financial Institutions/ Banks ------(d) Any Other (specify) ------Bodies Corporate ------Sub-Total (A)(1) 6 27,25,574 - - 27,25,574 74.58 27,25,574 - 27,25,574 74.58 - 74.58 - - - 27,25,574

2 Foreign Sub-Total (A)(2) ------

Total Shareholding of Promoter and Promoter Group (A)= (A)(1)+(A)(2) 6 27,25,574 - - 27,25,574 74.58 27,25,574 - 27,25,574 74.58 - 74.58 0.00 0.00 0.00 0.00 27,25,574 Table III- Summary Statement holding of Public Shareholder Number of Voting Rights held in each class of Number of Locked-in Shares Number of Shares Shareholding as a % No of Shareholding as a % securities No. of Shares (xii) pledged or otherwise Number of assuming full conversion No of partly Shares of total no. of shares (ix) Underlying encumbered (xiii) equity shares Category of Number of of convertible securities Category No of Fully paid up equity shares held paid up underlying Total nos. of Shares (calculated as per Outstanding held in Shareholder PAN Number Shareholders (as a percentage of diluted As a % of (i) (iv) equity shares Depository held (vii)=(iv)+(v)+(vi) SCRR, 1957) No of Voting Rights convertible securities As a % of total dematerialized (ii) (iii) Total as a % share capital) No. No. total shares held (v) Receipts (viii) (including warrants) shares held form of (A+B+C) (xi)=(vii)+(x) (a) LOCKED (a) held (vi) As a % of (A+B+C2) (x) (b) (xiv) Class : Equity Class eg:y Total As a % of (A+B+C2) (b)

(I) (II) (III) (IV) (V) (VI) 1 Institutions (a) Mutual Funds 3 221 - - 221 0.01 221 - 221 0.01 - 0.01 - - NA 4 ------NA - - (b) Venture Capital Funds ------NA - (c ) Alternate Investment Funds ------NA - (d) Foreign Venture Capital Investors ------NA - ( e) Foreign Portfolio Investors ------NA (f) Financial Institutions/Banks 4 38,187 - - 38,187 1.04 38,187 - 38,187 1.04 - 1.04 - - NA 38,177 (i) Life Insurance Corporation of India AAACL0582H 38,167 - - 38,167 1.04 38,167 - 38,167 1.04 - 1.04 - - NA 38,167 - (g) Insurance Companies ------NA - (h) Provident Funds/ Pension Funds ------NA - (i) Any Other (specify) ------NA -

Sub-Total (B)(1) 7 38,408 - - 38,408 1.05 38,408 - 38,408 1.05 - 1.05 - - 38,181 i. Individual shareholders holding nominal share capital up to 14,648 2,76,031 - - 2,76,031 7.55 2,76,031 - 2,76,031 7.55 - 7.55 - - NA 2,52,467 Rs. 2 lakhs. ii. Individual shareholders holding nominal share capital in 11 4,90,760 - - 4,90,760 13.43 4,90,760 - 4,90,760 13.43 - 13.43 - - NA 4,90,760 excess Rs. 2 lakhs. Anmol Sekhri ALHPS9957L 1 37,075 37,075 1.01 37,075 37,075 1.01 1.01 NA 37,075 Anuj Premkumar Agarwal AABPA7439E 1 46,436 Gopi Kishan Malani AAPPM3322C 1 56,502 56,502 1.55 56,502 56,502 1.55 1.55 NA 56,502 Meenadevi Surendrakumar Agarwal AABPA0543R 1 43,762 - 43,762 1.20 43,762 - 43,762 1.20 - 1.20 - - NA 43,762 Mukesh Raghunathmal Chandan AECPC6740D 1 52,135 52,135 1.43 52,135 52,135 1.43 1.43 - - NA 52,135 Raghav V Karol ANPLK0228J 1 50,179 50,179 50,179 50,179 50,179 Surendrakumar Balkrishandas Agarwal AABPA7889C 1 54,985 54,985 1.50 54,985 54,985 1.50 1.50 - - NA 54,985 Sudha Premkumar Agarwal AABPA0542Q 1 57,680 57,680 1.58 57,680 57,680 1.58 1.58 - - NA 57,680 1 ------Suresh Manakchand Paharia AABPP1727A 1 38,172 38,172 1.04 38,172 38,172 1.04 1.04 NA 38,172 (b) NBFCs registered with RBI 1 7 - - 7 0.00 7 - 7 0.00 - 0.00 - - NA 7 (c ) Employee Trusts ------NA - (d) Overseas Depositories ------NA - (holding DRs) (balancing figure) (e ) Any Other (specify) 686 1,23,696 - - 1,23,696 3.38 1,23,696 - 1,23,696 3.38 - 3.38 - - - 1,22,459 Hindu Undivided Family 166 35,491 - - 35,491 0.97 35,491 - 35,491 0.97 - 0.97 - - NA 35,491 Non Resident Indians (Non Repat) 70 3,031 - - 3,031 0.08 3,031 - 3,031 0.08 - 0.08 - - NA 3,031 Non Resident Indians (Repat) 301 5,881 - - 5,881 0.16 5,881 - 5,881 0.16 - 0.16 - - NA 4,980 Unclaimed Shares 1 4,510 - - 4,510 0.12 4,510 - 4,510 0.12 - 0.12 - - NA 4,510 Clearing Members 16 434 - - 434 0.01 434 - 434 0.01 - 0.01 - - NA 434 Bodies Corporate 132 74,349 - - 74,349 2.03 74,349 - 74,349 2.03 - 2.03 - - NA 74,013 Sub-Total (B)(3) 15,346 8,90,494 - - 8,90,494 24.37 8,90,494 - 8,90,494 24.37 - 24.37 - - NA 8,65,693 Total Public Shareholding (B)= (B)(1)+(B)(2)+(B)(3) 15,353 9,28,902 - - 9,28,902 25.42 9,28,902 - 9,28,902 25.42 - 25.42 - - NA 9,03,874 Details of Shares which remain unclaimed may be given hear along with details such as number of shareholders, outstanding shares held in demat/unclaimed suspense account, voting rights which are frozen etc.

No. of shareholders Outstanding shares in unclaimed suspense account 1 4510 The voting rights on these shares shall remain frozen till the rightful owner of such shares claims the shares. Table IV- Summary Statement holding of Non Promter Non Public Shareholding Number of Locked- Number of Shares Shareholding as Number of Voting Rights held in each class of No. of Shares Shareholding as a % in Shares pledged or a % of total no. securities Underlying assuming full Number of No of Shares (xii) otherwise No of partly of shares (ix) Outstanding conversion of equity shares Number of underlying Total nos. of encumbered (xiii) Category Category of No of Fully paid up equity shares held paid up equity (calculated as convertible convertible securities held in Shareholders Depository Shares held As a % of As a % of (i) Shareholder (ii) (iv) shares held per SCRR, 1957) securities (as a percentage of dematerialized PAN Number (iii) Receipts (vii)=(iv)+(v)+(vi) No of Voting Rights total total (v) (viii) Total as a % (including diluted share capital) No. No. form (vi) shares shares As a % of of (A+B+C) warrants) (xi)=(vii)+(x) (a) (a) (xiv) held held (A+B+C2) Class : Equity Class eg:y Total (x) As a % of (A+B+C2) (b) (b) 1 Custodian/DR Holder ------NA - 2 Employee Benefit Trust (under SEBI (Share based Employee ------NA - Benefit) Regulations, 2014) Total Non-Promoter- Non Public Shareholding ------NA - (C)= (C)(1)+(C)(2) Note 1) PAN would not be displayed on website of Stock Exchange(s). (2) The above format needs to disclose name of all holders holding more than 1% of total number of shares (3) W.r.t. the information pertaining to Depository Receipts, the same may be disclosed in the respective columns to the extent information available, List of Promoter and Promoter Group pursuant to Regulation 31A of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 Sr. No. Name Promoter / Promoter Group 1 Balkrishan Goenka Promoter 2 Rajesh Mandawewala Promoter 3 Dipali Goenka Promoter 4 Master Trust Promoter 5 Radhika Goenka Promoter Group 6 Vanshika Goenka Promoter Group 7 Pratima Mandawewala Promoter Group 8 Ramesh Mandawewala Promoter Group 9 Sitadevi Mandawewala Promoter Group 10 Abhishek Mandawewala Promoter Group 11 Yash Mandawewala Promoter Group 12 Limited Promoter Group 13 Welspun Tradings Limited Promoter Group 14 Welspun Wasco Coatings Private Limited Promoter Group 15 Welspun Mauritius Holding Limited Promoter Group 16 Welspun Middle East Pipe Company LLC Promoter Group 17 Welspun Middle East Pipe Coatings Company LLC Promoter Group 18 Welspun Middle East DMCC Promoter Group 19 Welspun Tubular LLC Promoter Group 20 Welspun Global Trade LLC Promoter Group 21 Welspun Pipes Inc Promoter Group 22 Limited Promoter Group 23 Nakoda Cotton Industries Private Limited Promoter Group 24 Anjar Integrated Textile Park Developers Private Limited Promoter Group 25 Welspun Anjar SEZ Limited Promoter Group 26 Welspun Global Brands Limited Promoter Group 27 Welspun Zucchi Textiles Limited Promoter Group 28 Welspun Captive Power Generation Limited Promoter Group 29 Koolkanya Private Limited Promoter Group 30 Welspun Flooring Limited Promoter Group 31 Besa Developers and Infrastructure Private Limited Promoter Group 32 Welspun Advanced Materials (India) Limited Promoter Group Welspun Innovative Products Limited (Previously known as Welspun Advanced Promoter Group 33 Materials Limited) 34 Welspun Nexgen Inc. USA Promoter Group 35 Welspun USA Inc. Promoter Group 36 Pure Sense Organics Myanmar Limited Promoter Group 37 Welspun Enterprises Limited Promoter Group 38 Welspun Natural Resources Private Limited Promoter Group 39 MSK Projects (Himmatnagar Bypass) Private Limited Promoter Group 40 MSK Projects (Kim Mandvi Corridor) Private Limited Promoter Group 41 ARSS Bus Terminal Private Limited Promoter Group 42 Dewas Waterprojects Works Private Limited Promoter Group 43 Welspun Build-Tech Private Limited Promoter Group 44 Welspun Delhi Meerut Expressway Private Limited Promoter Group 45 MBL (CGRG) Road Limited Promoter Group 46 MBL (GSY) Road Limited Promoter Group 47 RGY Roads Private Limited Promoter Group 48 Corbello Trading Private Limited Promoter Group 49 Chikhali - Tarsod Highways Private Limited Promoter Group 50 Welsteel Enterprises Private Limited Promoter Group 51 DME Infra Private Limited Promoter Group 52 Grenoble Infrastructure Private Limited Promoter Group 53 Welspun Sattanathapuram Nagapattinam Road Private Limited Promoter Group 54 Welspun Road Infra Private Limited Promoter Group 55 Welspun Amravati Highways Private Limited Promoter Group Adani Welspun Exploration Limited (Welspun Natural Resources Private Limited Promoter Group 56 holds 35% and is an associate company) 57 Welspun Aunta- Simaria Project Private Limited Promoter Group 58 Welspun Infrafacility Private Limited Promoter Group 59 MGN Agro Properties Private Limited Promoter Group 60 Welspun Realty Private Limited Promoter Group 61 Dahej Infrastructure Private Limited Promoter Group 62 Veremente Enterprise Private Limited Promoter Group 63 Welspun Investments and Commercials Limited Promoter Group 64 Rank Marketing LLP Promoter Group 65 Rajlok Diagnostic Systems Private Limited Promoter Group 66 DBG Estates Private Limited Promoter Group 67 Sequence Apartments Private Limited Promoter Group 68 Friends Connections Private Limited Promoter Group 69 Diameter Trading Private Limited Promoter Group WELSPUN REAL ESTATE AND INFRA DEVELOPERS PRIVATE LIMITED (Formerly Promoter Group 70 Welspun Finholdco Private Limited) 71 Astronomical Logistics Private Limited Promoter Group 72 Trueguard Realcon Private Limited Promoter Group 73 Alphaclarte Multiveneture Private Limited Promoter Group 74 Aryabhat Vyapar Private Limited Promoter Group 75 Polaire Tradeco Private Limited Promoter Group 76 Alphaclarte Trading Private Limited Promoter Group 77 Finetone Realtors Private Limited Promoter Group 78 Welspun Real Estate Ventures LLP Promoter Group 79 Welspun Logistics Limited Promoter Group 80 Methodical Investment and Trading Company Private Limited Promoter Group 81 Welspun Multiventures LLP Promoter Group 82 Welspun Financial Services Limited Promoter Group 83 One Industrial Spaces Private Limited Promoter Group 84 Welspun Steel Resources Private Limited Promoter Group 85 Park Private Limited Promoter Group 86 Welspun Solar Park Private Limited Promoter Group 87 Welspun Energy Orissa Private Limited Promoter Group 88 SUIL Hydro Power Private Limited Promoter Group 89 Welspun Energy Thermal Pvt.Ltd. Promoter Group 90 Krishiraj Renewables Energy Private Limited Promoter Group 91 Krishiraj Solar Rajasthan Private Limited Promoter Group 92 Krishiraj Solar Energy Private Limited Promoter Group 93 Krishiraj Solar MP Private Limited Promoter Group 94 Krishiraj Solar Energy Maharashtra Private Limited Promoter Group 95 Welspun Steel Limited Promoter Group 96 Welspun Specialty Solutions Limited (Erstwhile RMG Alloy Steel Limited) Promoter Group 97 Giant Realty Pvt.Ltd Promoter Group 98 Mandawewala Enterprises Ltd Promoter Group 99 Mertz Estates Limited Promoter Group 100 MGN Estates Pvt.Ltd Promoter Group 101 AYM Syntex Limited Promoter Group 102 Taipan Estates Private Limited Promoter Group 103 Babasu Realty Private Limited Promoter Group 104 Connective Infrasructure Private Limited Promoter Group 105 Angel Power and Steel Private Limited Promoter Group 106 Totsol Commercial Private Limited Promoter Group 107 RRM Realty Trader P.L Promoter Group 108 Yura Realties Pvt.Ltd Promoter Group 109 YRM Estates Pvt.Ltd Promoter Group