WENDTNSEWendt (India) Limited· AbrasivesLowNeutral
Announced Sat, 28 Jun · 23:56 IST

Wendt (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 21, 2025

Board & Shareholder Meetings View source PDF

WENDT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Wendt (India) Limited has notified the stock exchanges about its 43rd Annual General Meeting scheduled for Monday, July 21, 2025 at 3:00 PM IST, to be held via Video Conferencing. The agenda includes adoption of audited standalone and consolidated financial statements for the year ended March 31, 2025, and confirmation of a final dividend of Rs. 20 per equity share (on face value of Rs. 10), in addition to the interim dividend of Rs. 30 per share already paid, taking total FY25 dividend to Rs. 50 per share. Other items include re-appointment of Mr. Sridharan Rangarajan (Non-Executive Director, Murugappa Group CFO) as a Director liable to retire by rotation, appointment of M/s. Sridharan & Sridharan Associates as Secretarial Auditor for a 5-year term (FY2025-26 to FY2029-30) at Rs. 1,00,000 per year, and ratification of Cost Auditor remuneration of Rs. 1,10,000 for M/s. B Y & Associates. The record date for the final dividend is July 14, 2025, with payment scheduled for August 12, 2025. E-voting will be open from July 16 to July 20, 2025 via KFin Technologies.

Likely market impact

Routine AGM-cum-annual report filing with a healthy total dividend of Rs. 50 per share (Rs. 30 interim already received, Rs. 20 final pending) signals strong shareholder returns. No major surprise items — director re-appointment and auditor appointments are standard agenda items. The stock is unlikely to see a material price reaction from this disclosure, though the final dividend record date (July 14, 2025) is the key actionable date for investors.