Welspun Living Merger & Restructuring Worth ₹7.6 Cr
Welspun Living Limited has cancelled its previously announced acquisition of a 26% equity stake in Clean Max Dhyuthi Private Limited. Both parties mutually agreed not to proceed.
- Value
- ₹7.60 Cr
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Welspun Living Limited has cancelled its previously announced acquisition of a 26% equity stake in Clean Max Dhyuthi Private Limited. Both parties mutually agreed not to proceed.
Welspun Living Limited is selling its 51% stake in its subsidiary, Welspun Captive Power Generation Limited, to promoter group company Welspun Corp Limited for ₹67.66 Crore.
Promoters tendered 84,09,999 shares in Welspun Living's buyback, reducing their holding to 66.36%. This returns capital to shareholders and reduces promoter stake.
Welspun Living announced a ₹252 Crore share buyback via tender offer at ₹175 per share. The offer opens May 29 and closes June 4, 2026.
Welspun Living Limited dispatched buy-back offer documents for a ₹252 Crore equity share repurchase. Shareholders may tender shares between May 29 and June 4, 2026.
Welspun Living Limited approved a ₹252 Crore equity share buyback via tender offer at ₹175 per share. The record date is fixed for May 22, 2026.