Welspun Living Limited (WELSPUNLIV) — Corporate Action Announcement
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.
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About Welspun Living Limited (WELSPUNLIV)
Textiles · Textiles & Apparels · Listed on NSE
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