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
Full Announcement
Wendt (India) Ltd - 505412 - Announcement under Regulation 30 (LODR)-Acquisition