WELSPUN GLOBAL BRANDS LTD. - Approval of the Composite Scheme of Arrangement

Welspun Global Brands Ltd has informed BSE that In the matter of the Composite Scheme of Arrangement between the Company, Welspun India Limited and Welspun Retail Limited approved by the Board of Directors of the Company on May 7, 2012 ("Scheme"'), the Company note that the Honorable High Court of Gujarat at Ahmedabad has passed an order approving the Scheme on November 26, 2012. Thus, the Company Petition no. 178 of 2012 filed by the Company stands approved.