Announced Tue, 23 Jun · 19:54 IST
Wendt India infuses about Rs 13.29 cr in Thailand subsidiary to complete paid-up capital
Strategic Transactions View source PDF
WENDT · price
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Price reaction · full curve 14 horizons · vs prior close
-3.4%1-day move
₹7786.50
prior close
₹7855.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.9+1.1+0.7+0.9-3.4+1.7+6.1+4.4+4.2+3.9-0.0+4.6——
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AI summary
Wendt (India) has infused further capital of about Rs 13.29 crores (THB 46,350,000) into its wholly owned Thailand subsidiary Wendt Grinding Technologies Limited (WGTL). The company paid THB 4.50 per share to partly make equity capital fully paid up. Balance THB 3 per share will be infused later. WGTL deals in coated, bonded and super abrasives with turnover of about THB 94.7 million as on March 2026. No change in shareholding pattern.
Likely market impact
Routine capital infusion in existing wholly owned subsidiary to fully pay up equity. No change in control. Minor financial commitment of about Rs 13 cr.