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Wendt (India) Ltd. — Capital/Financing Update 2025
Mar 28, 2025
60855_rns_2025-03-28_c2bc3d13-68bf-4665-b4dc-1ddae9fc4941.pdf
Capital/Financing Update
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WENDT (INDIA) LIMITED
No. 69/70, Sipcot, Hosur 635 126, Tamilnadu, INDIA
Telephone: + 91 4344.405500 Telefax : + 91 4344 405620 / 405630 E-mail : [email protected] Web : www.wendtindia.com CIN: : L85110KA1980PLC003913
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28[th] March 2025
BSE Limited, 1[st] Floor, New Trading Ring Rotunda Building, P J Towers Dalal Street, Fort Mumbai 400 001 Stock Code: 505412
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: Update on the Trademark Assignment agreement entered by the Company with Wendt GmbH, Promoter.
We refer to our letter dated January 21, 2025 intimating the execution of the Trademark Assignment Agreement (Agreement) with Wendt GmbH, for acquiring the absolute ownership of the “Wendt” brand and trademarks with over 60 registrations in 40 countries, owned by Wendt GmbH and/or its affiliates worldwide in accordance with the Agreement, for an amount not exceeding 3.8 million Euros.
In this regard we wish to inform that today, the Company has remitted the purchase consideration of 3.8 million Euro to the seller’s account as per the terms of the agreement after having received the Shareholders’ approval pursuant to Regulation 23 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Thanking you
Yours faithfully,
For Wendt (India) Limited
P Arjun P Arjun Raj 2025.03.28 18:30:50 +05'30' Raj Arjun Raj P Company Secretary
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Regd. Office: Flat. No. A2-105, Cauvery Block, National Games Housing Complex, Koramangala, Bangalore-47. Phone + 91 80 2570 1423/ 24, Fax + 91 80 2570 1425.