The Scheme, inter alia, provides for demerger of the Demerged Undertaking (comprising of the Steel Operating Business (as defined hereinafter) and investments held in Welspun Specialty Solutions (WSSL) (50.03%), Anjar TMT Steel (ATSPL) (100%) and Welspun Captive Power Generation (WCPGL) (2.95%) into WCL/the Company/Resulting Company from the Appointed Date of 01 April 2021.