
Buyback19 May 2026, 05:01 pm
Welspun Living Board Approves ₹252 Cr Buyback at ₹175/Share
AI Summary
The Board of Directors of Welspun Living Ltd approved a buyback of up to 1,44,00,000 fully paid-up equity shares at a price of ₹175 per share, payable in cash. The buyback size is capped at ₹252 Crore, representing 6.52% and 5.65% of the paid-up equity share capital and free reserves, respectively, as of March 31, 2026. The buyback will be executed through a tender offer route, with a record date set for May 22, 2026. 15% of the buyback is reserved for small shareholders.
Key Highlights
- Welspun Living approves buyback of shares up to ₹252 Crore.
- Buyback price is set at ₹175 per equity share.
- The buyback represents 6.52% of the paid-up equity share capital.
- Record date for the buyback is May 22, 2026.
- Buyback will be executed via the tender offer route.
Price Impact
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