Please find attached herewith intimation of Record Date for the purpose of Dividend. The Company has fixed Friday , July 10, 2026 as the record date for the same.
WELSPUNLIV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Welspun Living Ltd's Board approved Q4 FY26 results showing revenue of ₹2,451 crore in Q4 (up 7.7% sequentially) but full-year FY26 revenue declined 11.5% to ₹9,468 crore from ₹10,697 crore. PAT for FY26 fell 68% to ₹204 crore from ₹639 crore. The company recommended a dividend of ₹0.10 per share (10%) for FY26, with record date fixed for July 10, 2026. Separately, the Board approved a ₹252 crore buyback of 1.44 crore shares at ₹175 each, representing 6.52% of paid-up capital. The company also approved acquiring 26% stake in CleanMax Dhyuthi Private Limited for ₹760 lakhs from promoter group entity Welspun Corp Ltd on an arm's length basis. Management change occurred with Mr. Altaf Jiwani resigning as Whole-time Director & COO effective May 31, 2026, and Mr. Keyur Parekh appointed as Whole-time Director from June 1, 2026.
The company faced significant profitability decline in FY26 with PAT down 68% and EBITDA margin compression to 9.1% from 13.6%, though Q4 showed sequential recovery. The ₹252 crore buyback signals management confidence in undervaluation. Related party acquisition from promoter group at arm's length terms provides renewable energy for Vapi factory.