Wendt (India) Limited — Important, 25-06-2025: Updates
25-06-2025 | 04:58 pm
25-06-2025 | 04:58 pm
Wendt (India) Limited has announced a board meeting following the complete stake sale and exit of Wendt GmbH from the promoter category. Wendt GmbH has formally requested declassification as promoter after fully divesting its shares through an Offer For Sale. All prior shareholder agreements between Wendt GmbH and Carborundum Universal Limited have been terminated. Wendt GmbH holds no shares, does not exercise control, has no board representation, and is no longer connected with the company’s management or strategic decisions. This marks a key ownership transition for Wendt (India).
No comments yet. Be the first to comment!
