Announced Fri, 24 Jul · 14:33 IST
Two senior management officials redesignated due to reporting change
Management Changes View source PDF
WENDT · price
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Price reaction · full curve 14 horizons · vs prior close
+12.3%1-day move
₹7412.00
prior close
₹7846.00
base price
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+0.5+1.9+1.7+1.1+12.3—————————
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AI summary
Wendt India has informed exchanges that two officials, Thiyagarajan R (Head of Research and Development) and Sanjaya S C (AGM, Quality Assurance Division), will no longer be designated as Senior Management with effect from 24 July 2026. The change is due to a restructuring of the reporting structure within the organisation. The company clarified that both individuals will continue to remain in employment. No new appointments or resignations were disclosed.
Likely market impact
Routine internal reorganisation. No impact on business or shareholders as both individuals remain employed in their roles.