StockWatch
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Abrasives & Bearings
Subsidiary23 Jun 2026, 08:00 pm

Wendt India Infuses ₹13.29 Cr Capital into Thai Subsidiary

AI Summary

Wendt (India) Ltd has infused capital amounting to THB 46,350,000 (approximately INR 13.29 crores) into its wholly owned subsidiary in Thailand, Wendt Grinding Technologies Limited (WGTL). This infusion is part of a plan to pay up the remaining capital on WGTL's partly paid equity shares. The company intends to infuse the balance THB 3.00 per share in due course. WGTL is involved in the sales and distribution of abrasives and had a turnover of THB 94,695,748.03 as of March 31, 2026.

Key Highlights

  • Wendt India invested INR 13.29 Cr in its Thai subsidiary WGTL.
  • The capital infusion aims to fully pay up subsidiary's equity shares.
  • WGTL operates in the abrasives sales and distribution sector.
  • Further capital infusion is planned for WGTL in the future.