Buyback15 May 2026, 02:21 pm
Welspun Living: Board Approves ₹252 Cr Buyback at ₹175/Share
AI Summary
Welspun Living Ltd's board approved audited financial results for the year ended March 31, 2026, and recommended a dividend of Re. 0.10 per share. Additionally, a buyback of 1,44,00,000 equity shares at ₹175 per share, totaling ₹252 Crore, was approved, representing 6.52% of paid-up equity share capital. The record date for the buyback is set for May 22, 2026. DAM Capital Advisors Limited is appointed as the Manager to the Buyback.
Key Highlights
- Audited financial results for the year ended March 31, 2026, approved.
- Dividend of Re. 0.10 per share recommended, subject to shareholder approval.
- Buyback of 1,44,00,000 shares at ₹175 per share approved, totaling ₹252 Crore.
- Buyback record date fixed as May 22, 2026.
- DAM Capital Advisors Limited appointed as Buyback Manager.
Price Impact
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