Welspun Living Limited (WELSPUNLIV) — Corporate Action Announcement

· NSE 🔴 High Importance Neutral
📢 Key Event
Welspun Living announces dividend, buyback, leadership changes, and Q4 FY26 results
🔄 What Changed
Approved dividend of Re 0.10/share, buyback of 1.44 million shares at Rs 175 each for Rs 252 crore, re-appointment of Keyur Parekh as CEO for 5 years, and resignation of Altaf Jiwani as COO effective May 31, 2026
🔮 What's Next
None
💡 Investor Takeaway
Shareholders receive a dividend payout while the company executes a capital return via buyback, with leadership continuity and strong operational growth supporting future performance

Welspun Living Limited announced a Re 0.10 per share dividend (10% on face value) payable on July 10, 2026, subject to shareholder approval, alongside a buyback of up to 1.44 million shares at Rs 175 each for Rs 252 crore (~6.52% of capital). The Board re-appointed Keyur Parekh as CEO for 5 years and accepted Altaf Jiwani's resignation as COO effective May 31, 2026. The company reported Q4 FY26 revenue of ₹2,451 crore, EBITDA of [amount context mismatch] crore, and net debt of ₹775 crore, with domestic consumer business growing 29.2% YoY and the 'Welspun' brand up 44%. The auditor confirmed an unmodified opinion on the audited financials for Q4 and FY26.

📄 View Original Announcement (PDF)

About Welspun Living Limited (WELSPUNLIV)

Textiles · Textiles & Apparels · Listed on NSE

Market Cap: ₹13,525.97 Cr P/E: 20.7

View full WELSPUNLIV stock details →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.