Wendt (India) Infuses Capital into Wholly Owned Thai Subsidiary
On June 23, 2026, Wendt (India) Ltd infused further capital into its wholly owned subsidiary in Thailand, M/s. Wendt Grinding Technologies Limited (WGTL). The infusion involved the payment of remaining capital to complete the paid-up equity share capital requirements of the Thai entity.The company paid up the outstanding capital obligation at a rate of THB 4.50 per share, amounting to THB 46,350,000 (approximately INR 13.29 crores). This action contributed significantly towards completing the required capitalization for WGTL, which is involved in the Abrasives industry.
Prior to this infusion, WGTL was incorporated in 2005 and held a registered equity capital of THB 103,000,000. As on June 23, 2026, the company had paid up part of its capital at a rate of THB 2.50 per share, with the remaining capital requiring infusion.
The transaction details and the status of WGTL are summarized below:
| Particulars | Details |
|---|---|
| Subsidiary Name | Wendt Grinding Technologies Limited (WGTL) |
| Industry | Abrasives |
| Line of Business | Sales and Distribution of Coated, Bonded and Super Abrasives |
| Registered Equity Capital | THB 103,000,000 |
| Paid Up Capital (Pre-Infusion) | THB 25,750,000 |
| Amount Infused (on 23/06/2026) | THB 46,350,000 |
| Balance Capital to be infused | THB 3.00 per share (in due course) |
The subsidiary has maintained consistent financial operations, with its turnover recorded across the last three years provided in Thai Baht (THB).
Financial overview of Wendt Grinding Technologies Limited:
| Year End Date | Turnover (THB) |
|---|---|
| 31st March 2026 | THB 94,695,748.03 |
| 31st March 2025 | THB 88,741,687.97 |
| 31st March 2024 | THB 91,272,134.43 |
WENDT Stock Price Movement
Wendt (India) Limited shares today slipped by 0.27%, closing at ₹7809 after shedding ₹21 in the post-market session. The stock saw a trading volume of 7,674 shares as it settled for the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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