Welspun Living, a leading textile manufacturer in India, has announced a share buyback worth ₹252 crore (approximately $30 million USD) through the tender route. The buyback price is set at ₹175 (around $2.10 USD) per share, reflecting a premium of over 30% compared to the previous closing price. This buyback will involve repurchasing 144 lakh shares, which constitutes 6.52% of the company's total paid-up equity share capital and 5.65% of its free reserves. The record date for determining eligibility for shareholders to tender their shares has been set for May 22. Alongside this announcement, Welspun Living reported a decline in net profit for the January-March quarter of the financial year 2026, with earnings dropping over 21% to ₹104 crore (approximately $12.5 million USD). Despite these financial challenges, the company's shares rose by 3% to trade at ₹138 (about $1.66 USD) post-announcement, indicating positive market sentiment. The stock has shown a significant increase of 50% over the past three years.