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Company Information

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WENDT (INDIA) LTD.

13 August 2025 | 03:58

Industry >> Abrasives And Grinding Wheels

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ISIN No INE274C01019 BSE Code / NSE Code 505412 / WENDT Book Value (Rs.) 1,148.35 Face Value 10.00
Bookclosure 14/07/2025 52Week High 18034 EPS 197.40 P/E 50.74
Market Cap. 2003.10 Cr. 52Week Low 8162 P/BV / Div Yield (%) 8.72 / 0.50 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Wendt (India) Limited (WIL) was incorporated in 1980 as a Joint Venture between Wendt GmbH ( www.wendtgroup.com ) and The House of Khataus. In 1991, Carborundum Universal Ltd (CUMI), a US$ 3.0 Billion Murugappa Group Company ( www.murugappa.com) acquired the Khatau's stake in the business. Since then WIL has been a 40 - 40 Joint Venture between Wendt GmbH and CUMI. The public holds the balance 20% equity.

Wendt India is ranked among the Top 25 successful Indo-German JVs by the Indo-German Chamber of Commerce (IGCC).

Wendt India draws its Technological Superiority from Wendt GmbH which is a part of Winterthur Technology Group (WTG ) Switzerland and Sound and Ethical Management practices from Murugappa Group.

2003

-Wendt India Ltd. launched two excise management software products for the business community

2004

-Wendt announces final dividend of 100% on equity shares

2005

-Wendt India - Incorporation of WOS in Thailand

2006

-Wendt India Ltd has recommended payment of Dividend of 150% on Equity Shares

2007

-Wendt India Ltd has recommended a dividend of Rs 17.50 per share (i.e 175%)

2008

-Company has Incorporated a 100% Wholly Owned Subsidiary (WOS) Company namely Wendt Middle East FZE

-Registered Office of the Company has been shifted From 407 Devatha Plaza, Residency Road, Bangalore - 560025 To Flat. No. 105, Cauvery Block, National Games Housing Complex, Koramangala, Bangalore - 560 047 Karnataka

2009

-Mr. K S Shetty has been appointed as an Additional Director of the Company

-Wendt India Ltd has recommended a dividend of Rs 10.00per share (i.e 100%)

2010

-Company has launched its own website with domain name www.wendtindia.com.

2011

-Wendt (India) Ltdhas recommended a dividend of Rs. 25/- per equity share

2012

-Wendt (India) Ltdhas recommended a dividend of Rs. 25/- per equity share

2013

- Wendt (India) Ltd has recommended a dividend of Rs. 15/- per equity share of face value of Rs.10/- each (150%)

2014

- Wendt (India) Ltd has recommended a dividend of Rs. 15/- per equity share of face value of Rs.10/- each (150%)

2015 -The Company's Registrar and Share Transfer Agent have shifted their office to 10, Aram Apartment, 12, Sampatrao Colony, B/h. Laxmi Hall, Alkapuri, VADODARA - 390 007.

2016 -- Wendt (India) Ltd has entered into agreement with M/s Star Diamond Tools Private Ltd (Star) for acquisition of their Diamond Dresser Tool business on slump sale basis.

2024 -WENDT (India) Limited has been honoured with the prestigious Best Supplier Special Projects Award from Kennametal India Limited at the Suppliers Meet 2024.