Welspun Living Completes Share Buyback of 14.4 Million Shares at ₹175 Per Equity Share

Welspun Living Completes Share Buyback of 14.4 Million Shares at ₹175 Per Equity Share

Welspun Living Completes Share Buyback of 14.4 Million Shares at ₹175 Per Equity Share​

Welspun Living Ltd has released details regarding its share buy-back, confirming the acquisition of up to 1 crore 44 lakh equity shares at a fixed price through the tender offer route. The transaction was executed against existing shareholders and beneficial owners as on the record date of May 22, 2026.

The buy-back involved acquiring a total of 14,400,000 fully paid-up equity shares of face value ₹1 each. The purchase price for these shares was set at ₹175 per equity share, amounting to an aggregate value of ₹252,00,00,000, excluding transaction costs.

The tendering period for the buy-back spanned from Friday, May 29, 2026, to Thursday, June 4, 2026. The company confirmed that all valid bids were processed and the communication of acceptance or rejection was dispatched to shareholders on Thursday, June 11, 2026.

Buy-Back Results and Shareholding Pattern​

The total number of equity shares tendered during the period was 10,67,42,298 against a reservation of 1,44,00,000 in the buy-back offer. The acceptance rates across different investor categories showed:

Category of InvestorReserved Shares (in Lakhs)Total Bids ReceivedAccepted SharesAcceptance Rate (Times)
Small Shareholders21,60,00019,96721,60,0002.53
General Category1,22,40,0002,1411,22,40,0008.27
Total1,44,00,00022,1081,44,00,0007.41

The buy-back process was managed by DAM Capital Advisors Limited and the settlement of all valid bids was completed by the Clearing Corporation on June 11, 2026. Unaccepted Demat Shares were unblocked in the accounts of respective Eligible Shareholders following this completion.

Capital Structure Post Buy-Back​

The transaction resulted in a change to the company's share capital structure. As per the reported figures, pre-buyback the issued and subscribed fully paid-up share capital stood at 95,91,52,514 shares with an amount of 95.91 Crores. Post buy-back, this figure was reported as 94,47,52,514 shares, corresponding to 94.48 Crores. The authorized share capital remained unchanged at 4,17,78,56,070 shares (417.79 Crores).

The buy-back acceptance details highlighted the following major shareholders:

Shareholder NameAccepted Shares% of Total Equity Accepted in Buy-Back% of Post Buy-Back Capital
BALKRISHAN GOENKA TRUSTEE OF WELSPUN GROUP MASTER TRUST83,90,78558.27%0.89%
SBI LIFE INSURANCE CO.LTD5,12,7003.56%0.05%
QUANT MUTUAL FUND MULTIPLE SCHEME4,26,5752.96%0.05%

The company has confirmed that the extinguishment of the 1 crore 44 lakh equity shares accepted under the buy-back is currently in process and is scheduled to be completed by Monday, June 22, 2026.

WELSPUNLIV Stock Price Movement​

Welspun Living Limited saw its stock climb on Friday, as the equity settled at ₹138.54 after gaining 2.32% from the previous close. The company's security traded a volume of 915,272 shares during that session.
 

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