Wendt (India) Ltd. — Capital/Financing Update 2025

Mar 3, 2025

WENDT (INDIA) LIMITED

No. 69/70, Sipcot, Hosur 635 126, Tamilnadu, INDIA CIN : L85110KA1980PLC003913 Telephone: + 91 4344.405500 Telefax : + 91 4344 405620 / 405630 E-mail : wil@wendtindia.com Web : www.wendtindia.com

==> picture [161 x 33] intentionally omitted <==

3[rd] March 2025

BSE Limited 25[th ] Floor, Phiroze Jeejeebhoy Towers Dalal Street, Stock Code: 505412 Mumbai 400 001

The Manager Listing Department National Stock Exchange of India Ltd. Exchange Plaza, 5[th] Floor Plot No. C/1, G Block Bandra-Kurla Complex, Bandra (E) Stock Code: WENDT Mumbai 400 051

Dear Sirs,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Incorporation of an overseas wholly owned subsidiary

Pursuant to Regulation 30 of the SEBI Listing Regulations, this is to inform you that the Board of Directors of the Company at its meeting held today i.e. Monday, March 3, 2025, has inter alia , considered and approved a proposal for incorporating a wholly owned subsidiary in Germany for furthering its business prospects in Europe.

Kindly note that the meeting of the Board of Directors of the Company commenced at 05:30 p.m. and concluded at 06:11 p.m.

The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November 2024 is enclosed as Annexure.

Kindly take the above information on record.

Thanking you

Yours faithfully, For Wendt (India) Limited

P Arjun P Arjun Raj 2025.03.03 18:45:08 +05'30' Raj Arjun Raj P Company Secretary

Encl: As above

==> picture [45 x 43] intentionally omitted <==

Regd. Office: Flat. No. A2-105, 1[st] Floor, Cauvery Block, National Games Housing Complex, Koramangala, Bangalore-47. Phone + 91 80 2570 1423/ 24, Fax + 91 80 2570 1425.

WENDT (INDIA) LIMITED

No. 69/70, Sipcot, Hosur 635 126, Tamilnadu, INDIA CIN : L85110KA1980PLC003913 Telephone: + 91 4344.405500 Telefax : + 91 4344 405620 / 405630 E-mail : wil@wendtindia.com Web : www.wendtindia.com

==> picture [161 x 33] intentionally omitted <==

Annexure

	Particulars	Information
a.	Name of the target entity details in brief such as size, turnover etc.	A new company is proposed to be incorporated as a wholly owned subsidiary with an investment of INR 5 crores (equivalent to 0.55 million Euros). The investment is proposed to be made in one or more tranches.
b.	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”;	No. However, since the entity will be a wholly owned subsidiary, it will become a Related Party to the Company from the date of its incorporation.
c.	Industry to which the entity being acquired belongs;	Sales, servicing and marketing activities for the business of the Company which is Super Abrasives, Machine building and Precision components etc.
d.	Objects and effects of acquisition	Diversify the geographic presence in Europe and provide services catering to the Machine building/Super Abrasive customers in Europe.
e.	Brief details of any governmental or regulatory approvals required for the acquisition;	None.
f.	Indicative time period for completion of the acquisition;	The Company will be incorporated within 3 months and the investment in the subsidiary will be completed within 2 years in one or more tranches.
g.	Nature of consideration - whether cash consideration or share swap and details of the same;	Cash consideration
h.	Cost of acquisition or the price at which the shares are acquired;	Investment to the extent of 0.55 million EURO in one or more tranches

==> picture [45 x 43] intentionally omitted <==

Regd. Office: Flat. No. A2-105, 1[st] Floor, Cauvery Block, National Games Housing Complex, Koramangala, Bangalore-47. Phone + 91 80 2570 1423/ 24, Fax + 91 80 2570 1425.

WENDT (INDIA) LIMITED

WENDT (INDIA) LIMITED No. 69/70, Sipcot, Hosur 635 126, Tamilnadu, INDIA CIN : L85110KA1980PLC003913 Telephone: + 91 4344.405500 Telefax : + 91 4344 405620 / 405630 E-mail : wil@wendtindia.com Web :www.wendtindia.com i. Percentage of shareholding / control acquired and / or number of shares acquired; j. Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);			100% Line of business: Same as mentioned in point (c & d). Date of incorporation: NA as the Company yet to be incorporated History of last 3 years turnover: Not applicable as it is a newly incorporated entity which is yet to commence any business activity or operations. Country of incorporation: Germany
	i.	Percentage of shareholding / control acquired and / or number of shares acquired;	100%
	j.	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);	Line of business: Same as mentioned in point (c & d). Date of incorporation: NA as the Company yet to be incorporated History of last 3 years turnover: Not applicable as it is a newly incorporated entity which is yet to commence any business activity or operations. Country of incorporation: Germany

==> picture [45 x 43] intentionally omitted <==

Regd. Office: Flat. No. A2-105, 1[st] Floor, Cauvery Block, National Games Housing Complex, Koramangala, Bangalore-47. Phone + 91 80 2570 1423/ 24, Fax + 91 80 2570 1425.