Wendt (India) Limited has informed the Exchange regarding 'Receipt of approval for declassification of Wendt GmbH from Promoter category'.
WENDT · price
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Awaiting price reaction for this filing.
Wendt (India) Limited has received approval from both NSE and BSE to declassify Wendt GmbH from the 'Promoter' category under SEBI LODR Regulation 31A. Both exchanges issued their no-objection letters on 22nd September 2025. This follows the company's earlier applications dated 25th June 2025 and 25th July 2025 seeking this reclassification. Wendt GmbH will no longer be considered part of the promoter group of the company.
The promoter group shareholding will formally reduce as Wendt GmbH moves out of the promoter category. This is a reclassification event and not a share sale, though it changes the promoter holding disclosure going forward. Investors should watch for any subsequent stake changes or disclosures from the outgoing promoter.