Welspun Living Approves Buyback of Equity Shares Up to Rs. 252 Crore
Welspun Living Limited announced a significant buyback plan for its fully paid-up Equity Shares, approved by its Board of Directors during a meeting held on May 15, 2026. The company has set the maximum buyback size at Rs. 252 Crore.The Board resolution confirmed the approval for the buyback of equity shares, which will be executed through the Tender Offer route.
Key parameters of the buyback include:
| Parameter | Detail |
|---|---|
| Maximum Shares to Buyback | 1,44,00,000 (One Crore Forty Four Lakhs) |
| Face Value per Share | Re. 1/- (Rupee One Only) |
| Buyback Price | Rs. 175/- (Rupees One Hundred and Seventy Five Only) per share |
| Maximum Buyback Value | Rs. 252 Crore (Rupees Two Hundred and Fifty Two Crore Only) |
| Record Date | Friday, May 22, 2026 |
| Shareholding Representation | 6.52% of paid-up equity share capital and 5.65% of free reserves (as on March 31, 2026) |
The buyback amount does not include expenses incurred for the process, such as filing fees, brokerage, applicable taxes, or advisory fees.
The Board also established a dedicated Buyback Committee to oversee and execute the transaction. The committee members appointed are Balkrishan Goenka (Chairman & Non-executive Non-Independent Director), Rajesh Mandawewala (Executive Vice Chairman - Whole-time Director), Dipali Goenka (Managing Director & CEO), and Manish Bansal (Chief Financial Officer).
The Buyback Committee was authorized to perform necessary actions, including the preparation and issue of the Public Announcement and Letter of Offer, and to liaise with all appropriate authorities and stock exchanges to ensure the successful implementation of the buyback.
WELSPUNLIV Stock Price Movement
Today, Welspun Living Limited shares edged higher, closing at ₹140.39 after gaining 1.39%. The stock saw a trading range today between ₹138.39 and ₹141.75, supported by an active volume of 1.50 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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