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Welspun Living Rs 252 crore buyback approved at Rs 175 premium despite falling Q4FY26 earnings
Economy
Published on 15 May 2026
Investors got a 30% premium offer—right after profit fell
Welspun Living has approved a Rs 252 crore share buyback through the tender route at Rs 175 per share, a premium of more than 30% over the previous closing price. The company will buy back 144 lakh fully paid-up shares, representing 6.52% of its equity and 5.65% of free reserves. The record date is May 22, with DAM Capital Advisors managing the process. The announcement came alongside weak Q4FY26 results: profit fell 21% to Rs 104 crore.
- Buyback value approved at Rs 252 crore via tender route
- Buyback price set at Rs 175 per share, over 30% premium
- Company will buy back 144 lakh shares, 6.52% of paid-up equity
- Record date for eligible shareholders: May 22
- Q4FY26 net profit down 21% to Rs 104 crore, revenue down 8% YoY
- Shares rose about 3% to around Rs 138 after the announcement
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times