
Acquisitions19 May 2025, 07:12 pm
Wendt GmbH Acquires 37.50% Stake in Wendt (India) Ltd Through Sale of Equity Shares
AI Summary
Wendt GmbH has disclosed the sale of equity shares of Wendt (India) Ltd, amounting to 37.50% of the total share/voting capital and 37.50% of the total diluted share/voting capital. The transaction involves 750,000 shares, with no encumbrances or warrants. The acquisition was made off-market, with the date of sale being 15-16 May 2025. The equity share capital and total voting capital of the target company remain unchanged at 20,00,000 equity shares of INR 10 each, both before and after the acquisition.
Key Highlights
- Wendt GmbH acquires 37.50% stake in Wendt (India) Ltd
- Sale of 750,000 equity shares
- No encumbrances or warrants involved
- Off-market acquisition
- 15-16 May 2025 transaction date