Moneycontrol Be a Pro
Get App
you are here: HomeNewsBusiness
Last Updated : May 10, 2019 12:06 PM IST | Source: PTI

Welspun Corp board to meet next week to consider share buyback

A board meeting of the company will be held on May 14, 2019 "to consider proposal to buyback the fully paid-up equity shares of the company of face value of Rs 5 each," Welspun Corp said in a BSE filing.

BUYBACK
BUYBACK
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Welspun Corp Ltd, the flagship firm of the Welspun Group, on Friday said its board will meet next week to consider buyback of shares.

A board meeting of the company will be held on May 14, 2019 "to consider proposal to buyback the fully paid-up equity shares of the company of face value of Rs 5 each," Welspun Corp said in a BSE filing.

The company, however, did not elaborate on the matter.

Close

The board will also consider the financial results for the year ended March 31, 2019, and recommendation of dividend on equity shares for fiscal year ended March 31, 2019, the filing added.

Welspun Corp is among the largest welded line pipe manufacturing companies in the world.

Shares of Welspun Corp were trading 2.96 per cent higher at Rs 144.15 apiece on BSE.

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on May 10, 2019 11:59 am
Loading...
Sections
Follow us on
Available On