Welspun India Limited announced that IDBI Bank Limited has withdrawn the nomination of Ms. Padma Betai as nominee director from the Board of Directors of the Company and has nominated Mr. Shalil Mukund Awale as nominee director on the Board of Directors of the Company with effect from September 29, 2018. Pursuant to provisions of the Articles of Association of the Company, Mr. Awale stands appointed as director of Welspun India Limited. Based on the information provided to the Company on October 05, 2018, Director being appointed is not debarred from holding the office of director by virtue of any SEBI order or any other such authority and it may further be noted that the details required as per SEBI Circular No. CIR/IFD/CMD/4/2015 dated September 09, 2015.