New Delhi: Welspun Corp Ltd, the flagship firm of the Welspun Group, today said that its board will meet next week to consider buyback of shares. Shares of Welspun Corp were trading 2.5% higher at ₹243.5 in noon trade. A board meeting of the company will be held on May 14, 2019 "to consider proposal to buyback the fully paid-up equity shares", Welspun Corp said in a BSE filing. Welspun Corp is among the largest welded line pipe manufacturing companies in the world. Welspun Corp shares had hit a 52-week high of ₹186 last year in September.

Source: Mint May 10, 2019 07:18 UTC