Wendt India appoints Amit Ingale as Executive Director and CEO

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

WENDT · price

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Price reactionminutes from the announcement price · days from the prior close

+0.7%Reaction day

₹7300.00

prior close

₹7251.50

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+2.0% vs market

Abrasives & Bearings peers, median of 6sector-0.5%+1.2% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 1.2 pts more than its Abrasives & Bearings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Next day

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AI summary

Wendt India has appointed Mr. Amit Ingale as Executive Director and CEO for five years starting January 19, 2026, subject to shareholder approval via postal ballot. He is 48 years old with over 20 years of automotive industry experience, previously serving as Managing Director of ENNOVI Mobility Solution India. He has held roles at General Motors India, Grindwell Norton, Bosch, and ENNOVI. He is not related to any existing director and is not debarred by SEBI.

Likely market impact

New external CEO with strong automotive background takes charge; shareholder approval pending via postal ballot.