The Board of Directors at its Meeting Held on May 14, 2026 , approved payment of Dividend for Rs.3 each per equity share
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Welspun Enterprises Board approved Q4FY26 and FY26 audited financial results showing FY26 consolidated revenue of Rs. 3,615 Cr (down 2% YoY) but EBITDA up 16% to Rs. 845 Cr with margins expanding 350 bps to 22.8%. PAT grew 11% to Rs. 393 Cr. The Board recommended a final dividend of Rs. 3 per equity share (face value Rs. 10), subject to shareholder approval at the 32nd AGM with record date July 3, 2026. Key leadership changes include re-designation of Mr. Balkrishan Goenka as Non-Executive Chairman and re-appointment of Mr. Sandeep Garg as Managing Director for 3 years from June 1, 2026. The Board also approved seeking shareholder approval for fund raising up to Rs. 1,000 Crore through private placement or QIP. The company's order book stands at ~Rs. 20,000 Crore with consolidated cash of Rs. 1,728 Cr.
Strong operational performance with margin expansion and cash position signals financial health. Dividend of Rs. 3/share represents consistent returns, while Rs. 1,000 Cr fundraising capacity provides growth capital flexibility. Leadership continuity under Sandeep Garg's extended term supports execution visibility.