Wendt (India) Limited will convene its 44th Annual General Meeting on July 24, 2026, through video conferencing and other audio-visual means. The company informed BSE Limited and the National Stock Exchange of India that advertisements regarding the meeting were published on June 24, 2026. This disclosure ensures shareholders are aware of the upcoming statutory meeting and the mode of participation.

The advertisements were published in Business Standard (English) and Vijaya Karnataka (Kannada) on June 24, 2026. This action was taken pursuant to the relevant provisions of the Companies Act, 2013, the rules referred thereunder, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the meeting would be conducted entirely via digital platforms.

Arjun Raj P, the Company Secretary, signed the communication sent to the exchanges. The filing confirms the logistical details for the AGM, adhering to the regulatory framework for virtual meetings. The company’s registered office is located at Sipcot, Hosur, Tamil Nadu.

Wendt (India) Limited infused THB 46.35 million, approximately INR 13.29 crores, into its wholly owned subsidiary Wendt Grinding Technologies Limited (WGTL) on June 23, 2026. This capital infusion was executed to pay up the unpaid portion of the subsidiary's equity capital, strengthening its financial base in the abrasives industry. The transaction was disclosed to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Background and Structure of the Infusion

WGTL was incorporated on July 19, 2005, with a registered equity capital of THB 103 million. Prior to this infusion, the paid-up capital stood at THB 25.75 million, representing partly paid shares of THB 2.50 per share against a face value of THB 10. The Board of the subsidiary had called for the remaining capital to be paid up in tranches. Consequently, Wendt India paid THB 4.50 per share, aggregating to THB 46.35 million. The balance of THB 3.00 per share is scheduled to be infused in due course.

The transaction is classified as a related party transaction as it involves the company and its wholly owned subsidiary. However, no promoter or promoter group companies hold any interest in the entity beyond the parent company's ownership. The consideration for the acquisition was paid in cash at face value to subscribe to the unpaid equity share capital.

Impact on WGTL's Capital and Operations

Following the infusion, the paid-up equity capital of WGTL increased to THB 72.1 million. The entity focuses on the sales and distribution of coated, bonded, and super abrasives in Thailand. No change in shareholding occurred as a result of this transaction.

Financial Details of Wendt Grinding Technologies Limited