Welspun Living Board Approves Buyback of 1.44 Crore Shares Worth ₹252 Crore

On May 15, 2026, the Board of Directors of Welspun Living approved a buyback proposal for 1,44,00,000 equity shares at ₹175 per share, amounting to ₹252 crore.  

This buyback represents 1.50% of the company's total paid-up equity share capital. 

Details of the Buyback Proposal 

The buyback will involve purchasing 1.44 crore fully paid equity shares of face value ₹1 each.  

The aggregate amount for this buyback is not to exceed ₹252 crore, excluding expenses related to the buyback process.  

This move represents 6.52% and 5.65% of the total paid-up equity share capital and free reserves as per the latest audited financial statements as of March 31, 2026. 

The buyback will be conducted through the tender offer route, adhering to the Companies Act, 2013, and the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 2018. 

 A public announcement detailing the process and timelines will be released soon. 

Pre-Buyback Shareholding Pattern 

As of May 8, 2026, the pre-buyback shareholding pattern of Welspun Living is as follows: Promoters and Promoter Group hold 66.24%, Mutual Funds and Financial Institutions hold 11.19%, and the Indian Public holds 12.62%.  

The total number of shares stands at 95,91,52,514. 

Buyback Committee Formation 

The Board has established a Buyback Committee to oversee the process. This committee is empowered to execute all necessary actions related to the buyback.  

The post-buyback shareholding pattern will be determined after the completion of the buyback. 

Read More: Welspun Corp Share Price in Focus; Bags ₹700 Crore LSAW Pipe Order from US Facility! 

Welspun Living Share Price Performance 

As of May 15, 2026, at 3:30 PM, Welspun Living share price on NSE was closed at ₹141.02 up by 5.06% from the previous closing price. 

Conclusion 

Welspun Living's decision to buy back shares is a strategic move to optimise its capital structure. The buyback will be executed through a tender offer, ensuring compliance with relevant regulations. 

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