WHIRLPOOL OF INDIA LTD.

Whirlpool of India Ltd has announced that its Board of Directors will convene on November 9, 2026. The primary agenda item is to consider and approve the un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Concurrently, the 'Trading Window' for dealing in the company's securities will remain closed from October 1, 2026, until 48 hours after the financial results are declared, in accordance with the company's Insider Trading Code of Conduct.

Whirlpool of India Limited's material subsidiary, Whirlpool of India Kitchen Appliances Private Limited (formerly Elica PB Whirlpool Kitchen Appliances Private Limited), is undergoing significant changes in its Key Managerial Personnel (KMP). Mr. Pralhad Bhutada's tenure as Managing Director and Chief Executive Officer will conclude on March 31, 2027, upon the expiry of his employment agreement. He will be succeeded by Mr. Anish Ahuja, the current Chief Operating Officer, effective April 1, 2027. Additionally, Mr. Nishant Hundiwala, Chief Financial Officer, has resigned effective March 31, 2027. Mr. Abhish Jain, currently Director - Finance at Whirlpool of India Limited, will take over as the new Chief Financial Officer of the subsidiary from April 1, 2027.

Whirlpool of India Limited has announced several changes in its Senior Management Personnel (SMP) effective October 22, 2026. Mr. Akash Mishra has been appointed as Head-Supply Chain (VP-Supply Chain), reporting to the Managing Director. Mr. Mishra brings over 20 years of experience in operations and digital transformations, with a background in supply planning and customer service from companies like Pepsico and Reckitt Benkiser. He holds an MBA in Supply Chain Management from Michigan State University. Concurrently, Mr. Chetan Shetty, the current Head-Supply Chain, will transition to Factory Head-Puducherry and will no longer be part of the SMP. Additionally, Mr. Prafulla Kandpal (Head-Accounting) and Mr. Vijay Waghmore (Head-Taxation) have tendered their resignations, effective October 30, 2026, and November 13, 2026, respectively, to pursue external opportunities. Successors for these roles will be announced in due course.

Whirlpool of India Ltd has announced the appointment of four new trustees to its Employee Stock Ownership Plan (ESOP) Trust. The appointed trustees include three employee representatives: Debopriya Sengupta (Vice-President – Human Resource), Ankur Jolly (Vice-President – Legal), and Shivank Aggarwal (Internal Auditor). Additionally, Manoj Khanna has been appointed as the independent trustee, replacing a previously proposed corporate trustee. These appointments are in compliance with SEBI regulations and the company's postal ballot notice.

Whirlpool of India Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in accordance with the company's Code of Conduct for Prohibition of Insider Trading. The trading window will remain shut from October 01, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter and half-year ended September 30, 2026. This measure is standard practice to prevent potential insider trading during sensitive financial reporting periods.

Whirlpool of India Ltd has issued a clarification regarding news of its promoter, Whirlpool Corporation, selling its entire stake. The company stated that while the promoter's intent to reduce shareholding has been public since January 2025, Whirlpool of India is not a party to any negotiations with potential buyers. The company confirmed receiving communication from its promoter about exploring a control transaction with multiple counterparties. Whirlpool of India is unaware of the specifics of these discussions and has not disclosed further details to the exchanges to avoid creating unwarranted expectations. The company believes the news article has no material impact and is not aware of any regulatory or legal proceedings.

Whirlpool of India Ltd has announced its 65th Annual General Meeting (AGM) will be held on Wednesday, September 09, 2026, at 11:00 AM IST via Video Conferencing. Shareholders whose email addresses are not registered will receive a letter with a weblink to access the Annual Report and AGM Notice for FY 2025-26. The company has provided the web link and path for accessing these documents on its website, as well as on NSDL and stock exchange websites. A physical copy can be requested via email. Key dates include a record date of August 28, 2026, for final dividend, and e-voting period from September 5-8, 2026.

Whirlpool of India Ltd has submitted its Annual Report for the financial year 2025-26, including the Business Responsibility and Sustainability Report and the Notice of the 65th Annual General Meeting (AGM). The AGM is scheduled for September 9, 2026, to be held via video conference. The report highlights the company's resilience in a challenging fiscal year marked by subdued growth, supply chain disruptions, and competitive pricing, achieving consolidated revenue growth of 1.4% despite a 12% decline in profitability. Long-term agreements with Whirlpool Corporation for brand licensing and technology access have been secured.

Whirlpool of India Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as required by SEBI Listing Regulations. The report, which forms part of the Annual Report, details the company's corporate identity, registered and corporate addresses, and contact information for queries. It outlines the financial year as April 01, 2025, to March 31, 2026, and lists BSE Limited and National Stock Exchange of India Limited as listing exchanges. The company's paid-up capital is INR 12,687 Lacs. The BRSR disclosures are made on a standalone basis, covering three plants, and exclude offices and warehouses from the reporting boundary. Adwin Advisory Services Private Limited provided reasonable assurance for the report.

Whirlpool of India reported a 12% year-on-year increase in consolidated revenue from operations to ₹2727 Cr for the first quarter ended June 30, 2026. This growth was attributed to market share gains in refrigerators and washers, industry volume growth, price increases, and premiumization. However, consolidated Profit Before Tax (PBT) decreased by 29% YoY to ₹139 Cr, impacted by commodity inflation, rising crude oil prices, currency depreciation, new energy regulations, and incremental e-waste provisions. The company's subsidiary, Elica India, saw a 26% revenue increase. Whirlpool maintained its #2 position in MBO volume market share for refrigerators and washers combined and #1 in direct cool refrigerators.