Wendt (India) injects €1.1m into German subsidiary for operational growth
Wendt (India) Limited has infused capital amounting to €1.1 million into its wholly-owned German subsidiary, Wendt GmbH. This follows an initial subscription of €0.55 million, bringing the total capital infusion to €1.65 million since the subsidiary's incorporation on July 8, 2025. The capital is intended to meet fixed costs and support ongoing operational requirements of Wendt GmbH.
The transaction is an arm’s length transaction between Wendt (India) and its wholly-owned subsidiary, with the fair value of the shares supported by a valuation report dated October 31, 2025. Wendt GmbH, located in Tönisvorst, Germany, focuses on the distribution of grinding and polishing machines, abrasives, industrial supplies, and associated customer care.
Wendt (India) maintains 100% shareholding and control over Wendt GmbH. No governmental or regulatory approvals were required for this capital infusion.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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