Wheels India Limited — Others, 17-07-2025: Shareholders meeting

Wheels India Limited held its 66th Annual General Meeting, where shareholders adopted the FY25 financial statements and approved a final dividend. Key resolutions passed included director re-election and auditor appointments. In the Chairman's speech, the company noted Indian GDP growth at 6.5% for FY25/26. The company saw an 8% growth in agri-tractors, commissioning a new wheel line. Passenger vehicles grew 2%, with new supplies for aluminum wheels. Exports faced de-growth but expect recovery, supported by a new US subsidiary and an upcoming European subsidiary to boost global business. WIL Car Wheels Limited also returned to profitability.