NSEAcquisition23 Jun 2026 · 23 Jun 2026, 07:54 pm

Acquisition

Wendt (India) Limited · WENDT

✦ AI Summary▲ PositiveExpansion

Wendt (India) Limited has infused an additional capital of THB 46,350,000 (approximately INR 13.29 crores) into its wholly-owned subsidiary in Thailand, M/s. Wendt Grinding Technologies Limited (WGTL). This infusion is part of a plan to make WGTL's equity capital fully paid up, with the remaining THB 3.00 per share to be infused later. WGTL, incorporated in 2005, is engaged in the sales and distribution of abrasives.

Analysis Scores

Earnings Impact6/10
Growth Catalyst7/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment6/10

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Full Announcement

Wendt (India) Limited has informed the Exchange about Capital infusion in Wholly owned subsidiary.

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WENDT_23062026195009_intimation_sd.pdf

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WENDT (INDIA) LIMITED No. 69/70, Sipcot, Hosur 635 126, Tamilnadu, INDIA Telephone: + 91 4344.405500 Telefax : + 91 4344 405620 / 405630 E-mail : wil@wendtindia.com Web : www.wendtindia.com CIN: : L85110KA1980PLC003913 23rd June 2026 BSE Limited 25th Floor, Phiroze Jeejeebhoy Towers Dalal Street, Stock Code: 505412 Mumbai 400 001 National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor Plot No. C/1, G Block Bandra-Kurla Complex, Bandra (E) Stock Code: WENDT Mumbai 400 051 Dear Sirs, Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Capital infusion in Wholly owned subsidiary We wish to inform you that the Company has on 23rd June 2026 infused further capital into its wholly owned subsidiary in Thailand – M/s. Wendt Grinding Technologies Limited (WGTL). WGTL was incorporated in the year 2005 with a registered equity capital of 103,000,000 Baht (THB). The Company’s paid-up equity capital as on 23rd June 2026 was THB 25,750,000. While the registered capital comprised of 10,300,000 equity shares of THB 10 each, the paid up capital was partly paid at THB 2.50 Baht per share. The Board of the subsidiary has called for the remaining capital to be paid up in one or more tranches. Accordingly, in line with the local applicable laws, the Company has today paid up the capital in the WGTL to the extent of THB 4.50 per share aggregating to THB 46,350,000 (approximately INR 13.29 crores). The balance THB 3.00 per share will be infused by the Company in due course. The details as required under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with and SEBI master Circular dated 30th January 2026, are enclosed as Annexure. Kindly take the above information on record. Thanking you Yours faithfully, For Wendt (India) Limited Arjun Raj P Company Secretary Regd. Office: Flat. No. A2-105, Cauvery Block, National Games Housing Complex, Koramangala, Bangalore-47. Phone + 91 80 2570 1423/ 24, Fax + 91 80 2570 1425. WENDT (INDIA) LIMITED No. 69/70, Sipcot, Hosur 635 126, Tamilnadu, INDIA Telephone: + 91 4344.405500 Telefax : + 91 4344 405620 / 405630 E-mail : wil@wendtindia.com Web : www.wendtindia.com CIN: : L85110KA1980PLC003913 Annexure Acquisition (including agreement to acquire): Particulars Information a. Name of the target entity details Wendt Grinding Technologies Limited, Thailand, in brief such as size, turnover etc. Registered equity capital – THB 103,000,000 Paid up equity capital before infusion – THB 25,750,000 Paid up equity capital after infusion – THB - 72,100,000 Size / Turnover – THB 94,695,748.03 (as at 31st March 2026) b. Whether the acquisition would Yes, the transaction is between the Company and its wholly fall within related party owned subsidiary. transaction(s) and whether the promoter/ promoter group/ No promoter/ promoter group/ group companies have any group companies have any interest in the entity being acquired. interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; c. Industry to which the entity Abrasives being acquired belongs; d. Objects and effects of acquisition Additional capital infusion in tranches to make the equity capital fully paid. e. Brief details of any None governmental or regulatory approvals required for the acquisition; f. Indicative time period for Not applicable completion of the acquisition; g. Nature of consideration - Cash consideration whether cash consideration or share swap and details of the same; h. Cost of acquisition or the price at Face value since the infusion is for subscribing to the unpaid which the shares are acquired; paid-up equity share capital of the WoS. i. Percentage of shareholding / No change in the shareholding. control acquired and / or number of shares acquired; j. Brief background about the Line of business: Sales and Distribution of Coated, Bonded entity acquired in terms of and Super Abrasives products/line of business acquired, date of incorporation, Date of incorporation: 19th July 2005 history of last 3 years turnover, country in which the acquired History of last 3 years turnover: Regd. Office: Flat. No. A2-105, Cauvery Block, National Games Housing Complex, Koramangala, Bangalore-47. Phone + 91 80 2570 1423/ 24, Fax + 91 80 2570 1425. WENDT (INDIA) LIMITED No. 69/70, Sipcot, Hosur 635 126, Tamilnadu, INDIA Telephone: + 91 4344.405500 Telefax : + 91 4344 405620 / 405630 E-mail : wil@wendtindia.com Web : www.wendtindia.com CIN: : L85110KA1980PLC003913 Particulars Information entity has presence and any 31st March 2026-THB 94,695,748.03 other significant information (in 31st March 2025-THB 88,741,687.97 brief); 31st March 2024-THB 91,272,134.43 Country of incorporation: Thailand Regd. Office: Flat. No. A2-105, Cauvery Block, National Games Housing Complex, Koramangala, Bangalore-47. Phone + 91 80 2570 1423/ 24, Fax + 91 80 2570 1425.