Welspun Living Limited has informed the Exchange about Submission of Public Announcement regarding dispatch of Letter of Offer and Tender Form, along with the Share Transfer Form for Buy-back of fully paid up Equity Shares of the Company.
WELSPUNLIV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Welspun Living Limited is undertaking a buyback of up to 1,44,00,000 (1.44 crore) fully paid-up equity shares at an aggregate consideration of up to Rs 252 crores. The buyback is being conducted through the tender offer route under the SEBI Buy-Back Regulations via the stock exchange mechanism. The record date for determining eligible shareholders is May 22, 2026. The buyback window opens on May 29, 2026 and closes on June 4, 2026. Entitlement ratios are approximately 6.36% for small shareholders (reserved category) and 1.33% for general category shareholders.
The buyback signals management confidence in the company's value and may provide support to the stock price. Shareholders can choose to tender their shares or retain them, with the tender window open for about a week.