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.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
