Wendt (India) Limited has announced a key senior management appointment, strengthening its leadership team with the addition of an experienced industry professional to head its sales and marketing operations.

Board Approval and Appointment Details

The Board of Directors approved the appointment of Mr. Vipin Malik as Head - Sales & Marketing during their meeting held on March 3, 2026. The appointment comes into effect from April 1, 2026, and was duly recommended by the company's Nomination and Remuneration Committee.

Professional Background and Experience

Mr. Vipin Malik brings substantial industry expertise to his new role at Wendt (India) Limited. At 54 years of age, he holds a Mechanical Engineering degree from the Institute of Engineers of India, Kolkata. His career spans over three decades in the abrasives industry, beginning in 1992 with Carborundum Universal Limited (CUMI).

Career Highlights

• Total Experience: Over 30 years in sales and marketing
• Industry Focus: Abrasives business across domestic and international markets
• Current Role: Heads Sales & Marketing for Industrial Segment of Abrasives business at CUMI
• Career Start: 1992 with Carborundum Universal Limited

Regulatory Compliance

The appointment disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all requisite details as per Schedule III, Part A, Para A (7) and other applicable provisions of the listing regulations.

Strategic Significance

This senior management appointment reflects Wendt (India) Limited's focus on strengthening its sales and marketing capabilities. Mr. Malik's extensive experience in the abrasives sector, spanning both domestic and international markets, positions him well to drive the company's commercial objectives and market expansion strategies.

Wendt (India) Limited has initiated a postal ballot process to obtain shareholder approval for the appointment of Mr. Amit Ingale as Executive Director and Chief Executive Officer. The company dispatched the postal ballot notice on February 24th, 2026, to shareholders whose email addresses are registered with the company or depositories.

Executive Director Appointment Details

The Board of Directors, based on recommendations from the Nomination and Remuneration Committee, appointed Mr. Amit Ingale (DIN: 08424412) as Executive Director and CEO effective January 19th, 2026. The appointment requires shareholder approval under Section 196 of the Companies Act, 2013, and SEBI Listing Regulations.

Remuneration Structure

The proposed remuneration package for Mr. Ingale includes multiple components structured to align with company performance and regulatory requirements.

Salary and Benefits

The remuneration structure encompasses salary, allowances, perquisites, and performance-based incentives. Allowances include leave travel allowance, personal allowance, and special allowances. Perquisites cover accommodation, medical expenses, club fees, and vehicle provisions. Retirement benefits include contributions to Provident Fund, Superannuation Fund, National Pension Scheme, and gratuity as per company rules.

Professional Background

Mr. Amit Ingale brings over two decades of automotive industry experience across multiple organizations. He holds a Bachelor of Engineering in Industrial & Production Engineering from Visvesvaraiah Technological University, Karnataka. His professional journey includes roles at General Motors India Pvt. Ltd., Grindwell Norton Limited, Bosch Limited, and ENNOVI Mobility Solution India Pvt. Ltd.

His expertise spans System Engineering, Product Management, Strategic Marketing, Key Account Management, and Business Development. As Managing Director of ENNOVI Mobility Solution India Pvt. Ltd., he led teams in precision stamping, precious metal plating, insert-molded parts, customized connectors, and battery interconnects for electric vehicles.

Voting Process and Timeline

The company has engaged National Securities Depository Limited (NSDL) for the remote e-voting facility. Mr. R Sridharan, Practicing Company Secretary, has been appointed as Scrutiniser for the postal ballot process.

Shareholders whose names appear in the Register of Members or list of Beneficial Owners as of the cut-off date are eligible to vote. The postal ballot notice has been dispatched electronically to registered email addresses, with physical copies not being sent in compliance with MCA circulars.

Regulatory Compliance

The appointment follows regulatory requirements under the Companies Act, 2013, and SEBI Listing Regulations. The resolution seeks approval as an Ordinary Resolution, requiring simple majority consent from voting shareholders. Results will be communicated to stock exchanges and made available on the company website at www.wendtindia.com .

The company has confirmed that Mr. Ingale meets all eligibility criteria and has provided necessary declarations regarding disqualification provisions. No other directors or key managerial personnel have any interest in the proposed resolution except Mr. Ingale as the appointee.