WELSPUNLIVNSEWelspun Living LimitedHighPositive
Announced Fri, 15 May · 14:14 IST

Welspun Living Limited has informed the Exchange about Buyback

Buyback Premium Above 10pctCorporate Actions View source PDF

WELSPUNLIV · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.4%1-day move
₹134.25
prior close
₹138.83
base price
In-mkt
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-0.8+0.5+0.1+1.1+3.4+4.7+5.5+8.5+3.4+3.5+5.8+8.0+23.4
Up moveDown movePending
AI summary

Welspun Living's Board approved a buyback of up to 1.44 crore equity shares at ₹175 per share for a total amount not exceeding ₹252 crore. This represents 1.50% of the company's paid-up capital and will be executed via the tender offer route. The record date for the buyback is May 22, 2026. Separately, the company reported Q4FY26 revenue of ₹2,451 crore with sequential recovery, while full-year FY26 revenue declined 11.5% to ₹9,468 crore due to global headwinds including US tariff disruptions. Net profit for FY26 fell 68% to ₹204 crore. The Board also recommended a dividend of ₹0.10 per share (10%) for FY26, subject to shareholder approval at the AGM with a record date of July 10, 2026. Additionally, the company approved acquiring a 26% stake in CleanMax Dhyuthi Private Limited for ₹7.6 crore to enhance renewable energy supply to its Vapi factory, and announced leadership changes with the resignation of COO Altaf Jiwani and appointment of Keyur Parekh as Whole-time Director.

Likely market impact

The ₹252 crore buyback at ₹175 per share signals management confidence in the company's intrinsic value and provides direct price support. Combined with the dividend and strong free cash flow generation (₹956 crore in FY26), these shareholder-friendly actions are positive for investors amid challenging operating conditions.