Winterthur Technologies acquires 40.02% stake in Wendt India

Wendt India Ltd has announced that the Company has received an intimation from Wendt Holding GmbH Germany informing the following:

1. Acquisition of 800327 equity shares of the Company (40.02% of the paid up capital).

2. Name of the Acquirer: Winterthur Technologie AG, Zug.

3. Mode of acquisition: Indirect acquisition of one of the promoter shareholders of the Company namely Wendt GmbH Germany.

4. Paid up capital of the Company before and after the acquisition: 20,00,000 equity shares of Rs l0/- each.

Source : Equity Bulls

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