Wendt (India) logo

Wendt (India) CEO, MD, chairman, board of directors and AGM

NSE: WENDTBSE: 505412Industrial ProductsSmall Cap

Last close ₹7,092.00up ₹205.00 (2.98%)BSE ₹7,084.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹6,887.00.

52-week range of traded prices to 23 Oct 2026
₹5,841.50Low, 30 Mar 2026₹9,199.00High, 23 Oct 2025
Market cap
₹1,418 Cr1,318th largest listed
P/E
71.9
P/B
5.4
Dividend yield
0.42%
ROE
7.7%
ROCE
9.4%
Debt to equity
0.00
Volume, NSE
24,90332.0% delivered

Wendt (India) board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonBhagya Chandra Rao
  • Chief executiveAmit Ashok Ingale
  • Company Secretary and Compliance OfficerArjun Raj P

6 directors3 independent1 executive2 non-executive

  • Bhagya Chandra Rao · ChairpersonIndependent · joined Jan 2021 · reappointed Jan 2026 · 65 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 2 as chair
  • Hima Srinvias CherlaIndependent · joined Apr 2017 · reappointed Apr 2022 · 110 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Murugappa Venkatachalam MuthiahNon-executive · joined Aug 2022 · reappointed Sep 2022 · 1 listed board · 1 committee seat
  • Lakshminarayanan RamkumarIndependent · joined Jul 2024 · reappointed Jul 2024 · 23 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 3 as chair
  • Sridharan RangarajanNon-executive · joined Oct 2023 · reappointed Jul 2025 · 4 listed boards · 5 committee seats, 1 as chair
  • Amit Ashok Ingale · Chief executiveExecutive · joined Jan 2026 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Ninad Mukund Gadgil, left 15 Sep 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 24 Apr 20266 of 6 present3 independent · 41 days in between
    • 13 Mar 20266 of 6 present3 independent · 9 days in between
    • 3 Mar 20266 of 6 present3 independent · 40 days in between
    • 21 Jan 20265 of 6 present2 independent · 1 day in between
    1 earlier meeting
    • 19 Jan 20264 of 5 present2 independent

  • Audit Committee

    Chair Lakshminarayanan Ramkumar

    Hima Srinvias Cherla, Bhagya Chandra Rao, Sridharan Rangarajan

    • 24 Apr 20264 of 4 present3 independent · 41 days in between
    • 13 Mar 20264 of 4 present3 independent · 50 days in between
    • 21 Jan 20263 of 4 present2 independent

  • Nomination and remuneration committee

    Chair Lakshminarayanan Ramkumar

    Bhagya Chandra Rao, Sridharan Rangarajan

    • 24 Apr 20263 of 3 present2 independent · 51 days in between
    • 3 Mar 20263 of 3 present2 independent · 42 days in between
    • 19 Jan 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Sridharan Rangarajan

    Murugappa Venkatachalam Muthiah, Bhagya Chandra Rao

    • 24 Apr 20263 of 3 present1 independent · 92 days in between
    • 21 Jan 20263 of 3 present1 independent

  • Risk Management Committee

    Chair Bhagya Chandra Rao

    Sridharan Rangarajan, Murugappa Venkatachalam Muthiah

    • 24 Apr 20263 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Hima Srinvias Cherla

    Sridharan Rangarajan, Bhagya Chandra Rao

    • 24 Apr 20263 of 3 present2 independent · 92 days in between
    • 21 Jan 20262 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/s. Price Waterhouse Chartered Accountants LLP, Statutory AuditorsPeer-review certificate valid to Nov 2026

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Wendt (India) AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Wendt (India) dividend history

Annual general meeting, 24 Jul 2026

27,468 shareholders on the register on 17 Jul 2026; present: 1 promoter and 48 others; votes counted by R SRIDHARAN / R SRIDHARAN & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Standalone Financial Statements
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 49.49% · promoters 100.00% · institutions 87.41% · other public 1.44%

  2. Adoption of Consolidated Financial Statements
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 49.49% · promoters 100.00% · institutions 87.41% · other public 1.44%

  3. Declaration of Dividend
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 49.49% · promoters 100.00% · institutions 87.41% · other public 1.44%

  4. Re-appointment of Mr. Muthiah Venkatachalam (DIN: 07045802) as Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 49.49% · promoters 100.00% · institutions 87.41% · other public 1.44%

  5. Ratification of Cost Auditor’s Remuneration
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.36%

    Turnout: all 49.49% · promoters 100.00% · institutions 87.41% · other public 1.44%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 26 Mar 2026, 1 resolution

29,697 shareholders on the register on 13 Feb 2026; votes counted by CS R SRIDHARAN / R. SRIDHARAN & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Amit Ingale (DIN: 08424412) as an Executive Director
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.59%

    Turnout: all 46.96% · promoters 100.00% · institutions 94.40% · other public 1.92%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 15 Jan 2026, 1 resolution

29,729 shareholders on the register on 12 Dec 2025; votes counted by CS R SRIDHARAN / R. SRIDHARAN & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Bhagya Chandra Rao (DIN: 00211127) as an Independent Director
    Special
    99.33% for0.67% against

    Against: promoters 0.00% · institutions 3.35% · other public 3.30%

    Turnout: all 46.93% · promoters 100.00% · institutions 89.39% · other public 1.98%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 21 Jul 2025, 6 resolutions

22,393 shareholders on the register on 14 Jul 2025; present: 1 promoter and 56 others; votes counted by R SRIDHARAN / R SRIDHARAN & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Standalone Financial Statements
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 46.68% · promoters 100.00% · institutions 70.69% · other public 0.78%

  2. Adoption of Consolidated Financial Statements
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 46.68% · promoters 100.00% · institutions 70.69% · other public 0.78%

  3. Declaration of Dividend
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.26%

    Turnout: all 46.68% · promoters 100.00% · institutions 70.69% · other public 0.78%

  4. Re-appointment of Mr. Sridharan Rangarajan (DIN: 01814413) as Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 46.68% · promoters 100.00% · institutions 70.69% · other public 0.78%

  5. To appoint M/s. Sridharan & Sridharan Associates as Secretarial Auditors of the Company and to fix their remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 46.68% · promoters 100.00% · institutions 70.69% · other public 0.78%

  6. Ratification of Cost Auditor’s Remuneration
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 46.68% · promoters 100.00% · institutions 70.69% · other public 0.78%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 26 Feb 2025, 1 resolution

10,009 shareholders on the register on 24 Jan 2025; votes counted by CS R SRIDHARAN / R. SRIDHARAN & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Approval of Transactions with Wendt GmbH
    OrdinaryPromoters have an interest in it
    99.35% for0.65% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.85%

    Turnout: all 6.66% · promoters 0.00% · institutions 94.46% · other public 1.49%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 22 Jul 2024, 7 resolutions

Present: 1 promoter and 41 others.The company's voting result (opens in a new tab)

  1. Adoption of Standalone Financial Statements
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 44.10% · promoters 50.00% · institutions 94.28% · other public 1.10%

  2. Adoption of Consolidated Financial Statements
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 44.10% · promoters 50.00% · institutions 94.28% · other public 1.10%

  3. Declaration of Dividend
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 44.10% · promoters 50.00% · institutions 94.28% · other public 1.10%

  4. Re-appointment of Mr. Muthiah Venkatachalam (DIN: 07045802) as Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 44.10% · promoters 50.00% · institutions 94.28% · other public 1.10%

  5. Appointment of Mr. Ninad Gadgil (DIN: 08707884) as an Executive Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 44.10% · promoters 50.00% · institutions 94.28% · other public 1.10%

  6. Appointment of Mr. L Ramkumar (DIN: 00090089) as an Independent Director
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.20% · other public 0.40%

    Turnout: all 44.10% · promoters 50.00% · institutions 94.28% · other public 1.10%

  7. Ratification of Cost Auditor's Remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 44.10% · promoters 50.00% · institutions 94.28% · other public 1.10%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 15 Dec 2023, 2 resolutions

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Sridharan Rangarajan (DIN: 01814413) as Director
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.65%

    Turnout: all 44.05% · promoters 50.00% · institutions 94.75% · other public 0.38%

  2. Appointment of Mr. C Srikanth (DIN: 10358407) as an Executive Director
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.01%

    Turnout: all 44.05% · promoters 50.00% · institutions 94.75% · other public 0.38%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 21 Jul 2023, 4 resolutions

Present: 1 promoter and 44 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone Financial Statements
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.24%

    Turnout: all 44.16% · promoters 50.00% · institutions 94.45% · other public 0.79%

  2. Adoption of Consolidated Financial Statements
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.24%

    Turnout: all 44.16% · promoters 50.00% · institutions 94.45% · other public 0.79%

  3. Declaration of Dividend
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.24%

    Turnout: all 44.16% · promoters 50.00% · institutions 94.45% · other public 0.79%

  4. Re-appointment of Mr. Muthiah Venkatachalam, Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.24%

    Turnout: all 44.16% · promoters 50.00% · institutions 94.45% · other public 0.79%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 24 Jul 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • Adoption of Standalone Financial Statements
    1 for0 against
  • Adoption of Consolidated Financial Statements
    1 for0 against
  • Declaration of Dividend
    1 for0 against
  • Re-appointment of Mr. Muthiah Venkatachalam (DIN: 07045802) as Director
    1 for0 against
  • Ratification of Cost Auditor’s Remuneration
    1 for0 against

Mutual fund votes, meeting of 26 Mar 2026, 4 fund houses

  • Appointment of Mr. Amit Ingale (DIN: 08424412) as an Executive Director
    4 for0 against
6 earlier meetings

Mutual fund votes, meeting of 15 Jan 2026, 4 fund houses

  • Re-appointment of Mr. Bhagya Chandra Rao (DIN: 00211127) as an Independent Director
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNo concern w.r.t merits of appointee. Governance Concern: The Chairperson should be held responsible for material non-compliances in the Company. In the present case, the Board has been non-compliant with respect to requirement of minimum 6 Directors under regulation 17(1)(c) as the Board has a shortfall of 1 Director for over 3 months which is the time limit allowed under regulation 17(1E) and regulation 26A(1) to fill the said vacancy.
    3 for1 against

Mutual fund votes, meeting of 21 Jul 2025, 3 fund houses

  • Adoption of Standalone Financial Statements
    3 for0 against
  • Adoption of Consolidated Financial Statements
    3 for0 against
  • Declaration of Dividend
    3 for0 against
  • Re-appointment of Mr. Sridharan Rangarajan (DIN: 01814413) as Director
    3 for0 against
  • To appoint M/s. Sridharan & Sridharan Associates as Secretarial Auditors of the Company and to fix their remuneration
    3 for0 against
  • Ratification of Cost Auditor’s Remuneration
    3 for0 against

Mutual fund votes, meeting of 26 Feb 2025, 2 fund houses

  • Approval of Transactions with Wendt GmbH
    2 for0 against

Mutual fund votes, meeting of 22 Jul 2024, 2 fund houses

  • Adoption of Standalone Financial Statements
    2 for0 against
  • Adoption of Consolidated Financial Statements
    2 for0 against
  • Declaration of Dividend
    2 for0 against
  • Re-appointment of Mr. Muthiah Venkatachalam (DIN: 07045802) as Director
    2 for0 against
  • Appointment of Mr. Ninad Gadgil (DIN: 08707884) as an Executive Director
    2 for0 against
  • Appointment of Mr. L Ramkumar (DIN: 00090089) as an Independent Director
    2 for0 against
  • Ratification of Cost Auditor's Remuneration
    2 for0 against

Mutual fund votes, meeting of 15 Dec 2023, 2 fund houses

  • Appointment of Mr. Sridharan Rangarajan (DIN: 01814413) as Director
    2 for0 against
  • Appointment of Mr. C Srikanth (DIN: 10358407) as an Executive Director
    2 for0 against

Mutual fund votes, meeting of 21 Jul 2023, 2 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • Adoption of Audited Standalone Financial Statements
    2 for0 against
  • Adoption of Consolidated Financial Statements
    2 for0 against
  • Declaration of Dividend
    1 for0 against
  • Re-appointment of Mr. Muthiah Venkatachalam, Director
    2 for0 against
1 proposal not matched to one resolution
  • 3) Declare final dividend of Rs. 50.0 per equity share and confirm interim dividend of Rs. 30.0 per equity share of face value of Rs.10.0 each for FY23.
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Fines

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyBSE LimitedSince 27 May 2026

    Imposition of fine of Rs. 106,200/- in connection with the non-adherence to Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 relating to the minimum Board composition.

    Non-adherence to Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) relating to the minimum Board composition. The Company had submitted the waiver application.MoreLess
  • Fine or penaltyNational Stock Exchange of India LimitedSince 27 May 2026

    Imposition of fine of Rs. 106,200/- in connection with the non-adherence to Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 relating to the minimum Board composition.

    Non-adherence to Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) relating to the minimum Board composition. The Company had submitted the waiver application.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
Yes
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.