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Other Textile Products
Buyback15 May 2026, 10:31 pm

Welspun Living: Dividend of ₹0.10, Buyback at ₹175 Approved

AI Summary

Welspun Living Ltd's board approved audited financial results for the year ended March 31, 2026, and recommended a dividend of ₹0.10 per share, subject to shareholder approval. The record date for the dividend is July 10, 2026. Additionally, a buyback of 1,44,00,000 equity shares at ₹175 per share, totaling ₹252 Crore, was approved, with May 22, 2026, set as the record date for buyback eligibility. Promoters intend to participate in the buyback.

Key Highlights

  • Welspun Living recommends a dividend of ₹0.10 per share for FY26, pending shareholder approval.
  • Record date for dividend is fixed as July 10, 2026.
  • Buyback of 1,44,00,000 shares at ₹175 per share approved, totaling ₹252 Crore.
  • May 22, 2026, is the record date for the buyback.
  • Promoters intend to participate in the proposed buyback.