Buyback15 May 2026, 02:16 pm
Welspun Living Approves ₹252 Cr Buyback at ₹175/Share
AI Summary
Welspun Living Ltd's board approved a buyback of 1,44,00,000 equity shares at ₹175 per share, totaling ₹252 Crore. This represents 6.52% and 5.65% of the total paid-up equity share capital and free reserves, respectively, as of March 31, 2026. The buyback will be executed through a tender offer. The board also recommended a dividend of Re. 0.10 per equity share and approved the audited financial results for the year ended March 31, 2026.
Key Highlights
- Welspun Living approves buyback of 1,44,00,000 shares at ₹175 per share.
- Buyback size not exceeding ₹252 Crore, via tender offer route.
- Board recommends dividend of Re. 0.10 per share for FY26.
- Record date for buyback is set for May 22, 2026.
- Audited financial results for the year ended March 31, 2026, approved.