Quarterly Result14 May 2026, 07:51 pm
Welspun Enterprises: FY26 Results, Final Dividend of ₹3
AI Summary
Welspun Enterprises Ltd. announced audited consolidated and standalone financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of ₹3 per equity share, subject to shareholder approval. They also approved the re-designation of Mr. Balkrishan Goenka as Non-Executive Chairman and the re-appointment of Mr. Sandeep Garg as Managing Director, both effective June 1, 2026, subject to shareholder approval. The company plans to seek shareholder approval to raise funds up to ₹1,000 Crore through private placement and other permissible modes.
Key Highlights
- Welspun Enterprises approved audited FY26 financial results.
- Final dividend of ₹3 per share recommended, subject to shareholder approval.
- Balkrishan Goenka to be Non-Executive Chairman from June 1, 2026.
- Sandeep Garg re-appointed as Managing Director for 3 years from June 1, 2026.
- Plans to raise up to ₹1,000 Crore through private placement.
Price Impact
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