BSECompany Update23 Jun 2026 · 23 Jun 2026, 07:58 pm
Enclosed intimation pertaining to capital infusion in wholly owned subsidiary.
Wendt (India) Ltd · 505412
✦ AI SummaryExpansion
Wendt (India) Ltd has infused THB 46,350,000 (approximately INR 13.29 crores) into its wholly-owned subsidiary, Wendt Grinding Technologies Limited (WGTL) in Thailand. This capital infusion is to pay up an additional THB 4.50 per share, making WGTL's equity partly paid capital more fully paid, with a balance of THB 3.00 per share to be infused later. WGTL, established in 2005, engages in the sales and distribution of abrasives and reported a turnover of THB 94.7 million as of March 31, 2026.
Analysis Scores
Earnings Impact6/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment6/10
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Full Announcement
Wendt (India) Ltd - 505412 - Announcement under Regulation 30 (LODR)-Acquisition
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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.