StockWatch
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Other Textile Products
Buyback25 May 2026, 02:51 pm

Welspun Living: ₹252 Cr Buyback at ₹175/Share

AI Summary

Welspun Living Ltd announced a buyback of up to 1,44,00,000 equity shares, representing 1.50% of the total equity, via a tender offer. The buyback price is ₹175 per share, totaling ₹252 crores, excluding transaction costs. The buyback opens on May 29, 2026, and closes on June 4, 2026, with a record date of May 22, 2026. The buyback size represents 6.52% and 5.65% of the aggregate of the fully paid-up equity share capital and free reserves as per the latest audited standalone and consolidated financial statements for FY26.

Key Highlights

  • Welspun Living announces buyback of 1,44,00,000 shares at ₹175 per share.
  • The total buyback size is ₹252 crores, excluding transaction costs.
  • Buyback opens on May 29, 2026, and closes on June 4, 2026.
  • Record date for the buyback is set as May 22, 2026.
  • The buyback represents 1.50% of the total equity share capital.