Buyback15 May 2026, 01:59 pm
Welspun Living: Buyback Approved at ₹175, Dividend at ₹0.10
AI Summary
Welspun Living Ltd's board approved the audited financial results for the year ended March 31, 2026, recommended a dividend of ₹0.10 per share, and approved a buyback of 1,44,00,000 equity shares at ₹175 per share, totaling ₹252 Crore. The buyback represents 6.52% of the total paid-up equity share capital and free reserves. The record date for the buyback is May 22, 2026, and DAM Capital Advisors Limited will manage the buyback.
Key Highlights
- Audited financial results for the year ended March 31, 2026, approved.
- Dividend of ₹0.10 per equity share recommended, subject to shareholder approval.
- Buyback of 1,44,00,000 shares at ₹175 per share approved, totaling ₹252 Crore.
- Record date for buyback is May 22, 2026.
- DAM Capital Advisors Limited appointed as Manager to the Buyback.