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Wendt (India) Limited has announced a board meeting to seek shareholder approval via postal ballot for material related party transactions with Wendt GmbH. The postal ballot notice was dispatched today, with the e-voting commencing on January 28, 2025, and concluding on February 26, 2025. Notably, the proposed transactions involve an agreement for a trademark assignment valued at up to €3.8 million (approximately ₹34 crores) and aggregate transactions not exceeding ₹60 crores for FY 2024-25 and FY 2025-26. This move is aimed at strengthening the brand's ownership amid a potential divestiture by Wendt GmbH, enhancing the company’s operational efficiency. Investors may view this as a positive outlook as it solidifies brand identity during a transitional phase for governance.