Welspun Living Limited (WELSPUNLIV) — Buyback / Redemption Announcement
Welspun Living Limited announced a buyback of up to 1.44 million shares at ₹175 per share, representing 1.5% of equity capital and 5.65% of free reserves, with a total consideration cap of ₹252 crore. The offer opens May 29 and closes June 4, 2026, targeting small and general shareholders with specific entitlements. Funds will come from reserves, not borrowed amounts, and the buyback complies with SEBI and Companies Act rules. Post-buyback, promoter holding rises slightly to 66.36%, while public shareholding dips to 33.64%. The Board confirmed solvency and restrictions on future capital raises.
📄 View Original Announcement (PDF)
About Welspun Living Limited (WELSPUNLIV)
Textiles · Textiles & Apparels · Listed on NSE
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.