Welspun Living Completes Extinguishment of 1.44 Crore Shares Following Buyback
Welspun Living Limited has completed the extinguishment of equity shares following its buyback transaction, resulting in a reduction in its issued capital. The company confirmed the completion of the process after acquiring and canceling 1,44,00,000 fully paid-up equity shares.The buyback offer was open from May 29, 2026, to June 4, 2026. As part of this transaction, Welspun Living Limited extinguished the purchase of 1,44,00,000 Equity Shares. These shares were in dematerialized form and the total number of physical shares extinguished was Nil.
The extinguishment of these shares led to a reduction in the company's issued capital. Prior to the buyback, the Company had an Issued Capital of 95,91,52,514 equity shares at ₹1/- each. Post-extinguishment, the total issued capital stands at 94,47,52,514 equity shares.
Share Capital Reconciliation Summary
The following table outlines the reconciliation of the Company’s share capital before and after the extinguishment process:| Particulars | Pre-Extinguishment (No. of Equity Shares) | Post-Extinguishment (No. of Equity Shares) |
|---|---|---|
| Issued, Subscribed and Fully Paid-Up Share Capital | 95,91,52,514 | 94,47,52,514 |
| Equity Shares Extinguished | 1,44,00,000 (Total purchased) | - |
Post Buyback Shareholding Pattern
The company's ownership structure was reviewed before and after the buyback. The shareholding pattern reflects a change in percentages across investor categories.Summary of Capital Structure:
| Particulars | Pre-Buyback (Shares) | Pre-Buyback (%) | Post-Buyback (Shares) | Post-Buyback (%) |
|---|---|---|---|---|
| Promoters and Persons Acting in Concert (PAC) | 63,53,49,495 | 66.24% | 62,69,39,496 | 66.36% |
| Foreign Investors (OCBs/FIIs/NRIs/Non-residents/Non-domestic companies) | 5,29,52,352 | 5.52% | 31,78,13,018 | 34.64% |
| Indian Financial Institutions/ Banks/Mutual Funds/Govt. Companies | 10,64,59,961 | 11.10% | 31,78,13,018 | 34.64% |
| Public including other Bodies Corporate | 16,43,90,706 | 17.14% | 31,78,13,018 | 34.64% |
| Total | 95,91,52,514 | 100.00% | 94,47,52,514 | 100.00% |
WELSPUNLIV Stock Price Movement
Shares of Welspun Living Limited slipped 0.67% today, closing at ₹162.23 in post-market trading. The equity traded for 5.65 million shares, following a highly volatile session that saw the stock achieve its 52-week high.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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