Welspun Living Plans Buyback of Equity Shares at ₹175 Per Share
Welspun Living Limited has initiated a buyback of its equity shares from existing beneficial owners through a proportionate Tender Offer process. The company published a public announcement regarding the buyback, which was approved by the Board of Directors at its meeting held on May 15, 2026.The proposal aims to buy back up to 1,44,00,000 (One Crore Forty Four Lakhs) fully paid up equity shares, each having a face value of ₹ 1. The buyback will be executed at a fixed price of ₹ 175 per Equity Share.
The buyback is scheduled to be done on a proportionate basis for existing shareholders/beneficial owners, with the Record Date set as May 22, 2026.
Buyback Details and Objectives
The buyback is being undertaken for several strategic reasons. Firstly, it is expected to help the company return surplus cash to its members holding equity shares and tendering under the buyback plan, thereby enhancing the overall return to the members. Secondly, the process offers participating shareholders the option to receive cash in lieu of equity shares, or conversely, for non-participating shareholders, it may lead to an increase in their percentage shareholding post buyback, without any additional investment.The maximum buyback size is stipulated as 1,44,00,000 shares. The financial details of the offer are summarized below:
| Parameter | Detail |
|---|---|
| Company Name | Welspun Living Limited |
| Maximum Shares to Buyback | 1,44,00,000 shares |
| Face Value | ₹ 1 per share |
| Buyback Price | ₹ 175 per share |
| Method | Tender Offer (Proportionate Basis) |
| Record Date | May 22, 2026 |
Buyback Implementation
The buyback offer will be accessible to all eligible shareholders through the prescribed tender offer process under the stock exchange mechanism. Shareholders are advised that their participation in the buyback may trigger capital gains taxation provisions under the Income Tax Act, and they should consult their own legal, financial, and tax advisors prior to participating.The company confirms that the total buyback consideration will be paid only in cash.
Investor Guidance
The company, Welspun Living Limited, designated Ms. Shraddha Popat, Company Secretary and Compliance Officer, as the Compliance Officer for the buyback process. Shareholders seeking clarification or addressing grievances are advised to contact the Compliance Officer during office hours. The process is being facilitated through AM Capital Advisors Limited, which was appointed as the registered broker for the company.WELSPUNLIV Stock Price Movement
On Tuesday, shares of Welspun Living Limited edged higher, closing at ₹140.39 after gaining 1.39%. The stock found support on the day, trading on a 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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