Welspun Living completes ₹252 crore share buyback

2 min read     Updated on 13 Jun 2026, 04:41 AM
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Reviewed by
Riya DScanX News Team
AI Summary

Welspun Living has successfully concluded its buyback of 1.44 crore equity shares at ₹175 per share, totaling ₹252 crore. The offer, conducted via the Tender Offer route on the NSE, was fully subscribed with 22,108 valid bids received. Settlement was finalized on June 11, 2026, and the extinguishment of shares is expected by June 22, 2026.

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Welspun Living has successfully completed the buyback of 1.44 crore fully paid-up equity shares at a price of ₹175 per share, aggregating to ₹252 crore. The buyback was executed through the Tender Offer route via the National Stock Exchange of India Limited (NSE) mechanism. The offer was fully subscribed, with the company accepting all valid bids tendered by eligible shareholders holding shares as on the record date of May 22, 2026.

The Registrar to the buyback, MUFG Intime India Private Limited, received 22,108 valid bids for 10,67,42,298 equity shares. The response to the offer was significant, with the total number of shares tendered exceeding the number of shares reserved for the buyback by 7.41 times. The settlement of all valid bids was completed by the Clearing Corporation on June 11, 2026, and the accepted shares have been transferred to the company's demat escrow account.

Buyback Details

The buyback was open for tendering from Friday, May 29, 2026, to Thursday, June 4, 2026. The maximum buyback size represented 6.52% and 5.65% of the aggregate of the fully paid-up equity share capital and free reserves, as per the latest audited standalone and consolidated financial statements for the financial year ended March 31, 2026, respectively.

Category Shares Reserved Valid Bids Shares Tendered Response (Times) Shares Accepted
Small Shareholders 21,60,000 19,967 54,63,037 2.53 21,60,000
General Category 1,22,40,000 2,141 10,12,79,261 8.27 1,22,40,000
Total 1,44,00,000 22,108 10,67,42,298 7.41 1,44,00,000

Capital Structure Changes

Following the completion of the buyback, the extinguishment of 1.44 crore equity shares is currently under process and is expected to be completed by Monday, June 22, 2026. Post-buyback, the issued, subscribed, and fully paid-up share capital of the company stands reduced to 94,47,52,514 equity shares.

The shareholding pattern post-buyback indicates that Promoters and Persons Acting in Concert (PAC) hold 66.36% of the equity share capital, while Foreign Investors hold 34.64%. The acceptance of shares from shareholders holding more than 1% of the total bought-back shares included major entities such as Balkrishan Goenka Trustee of Welspun Group Master Trust and SBI Life Insurance Co. Ltd.

The Post Buyback Public Announcement was filed pursuant to Regulation 24(vi) of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018. DAM Capital Advisors Limited acted as the Manager to the Buy-back Offer.

Historical Stock Returns for Welspun Living

1 Day5 Days1 Month6 Months1 Year5 Years
+2.21%-3.98%+1.81%+0.71%-0.68%+44.92%

How will the reduction in equity shares impact Welspun Living's earnings per share (EPS) and return on equity (ROE) in the coming quarters?

What are the company's strategic plans for utilizing its remaining free reserves and cash flow following this ₹252 crore capital allocation?

How might the increased promoter holding percentage to 66.36% influence future corporate governance and decision-making at Welspun Living?

Welspun Living Records ₹15.11 Crores Block Trade on NSE at ₹144.69 Per Share

0 min read     Updated on 09 Jun 2026, 12:04 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Welspun Living Ltd. recorded a block trade on the NSE involving approximately 1,044,260 shares at ₹144.69 per share. The total value of the transaction aggregated to ₹15.11 crores. Such block trades are typically associated with institutional participation and are executed to limit market impact.

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Welspun Living Ltd. recorded a significant block trade on the National Stock Exchange (NSE), with approximately 1,044,260 shares changing hands in a single transaction. The trade was executed at a price of ₹144.69 per share, aggregating to a total deal value of ₹15.11 crores.

Block Trade Details

The following table summarises the key parameters of the block trade:

Parameter: Details
Exchange: NSE
Number of Shares: ~1,044,260
Trade Price: ₹144.69 per share
Total Trade Value: ₹15.11 crores

Block trades of this scale are typically executed by institutional investors or large market participants and are carried out outside the regular order book to minimise market impact. The transaction in Welspun Living's shares underscores notable activity at the institutional level in the stock.

Historical Stock Returns for Welspun Living

1 Day5 Days1 Month6 Months1 Year5 Years
+2.21%-3.98%+1.81%+0.71%-0.68%+44.92%

What impact will this block trade have on Welspun Living's share price in the upcoming trading sessions?

Does this transaction signal a change in institutional sentiment towards the home textiles sector?

Are there potential strategic developments or corporate actions expected from Welspun Living following this large-scale share transfer?

More News on Welspun Living

1 Year Returns:-0.68%