Rs. 20 Dividend To Be Paid By Aug-12: Record Date In 2 Days On July 14, Q1 Results To Be Out On July 21; Buy?

A joint venture between Wendt GmbH and Carborundum Universal Ltd (CUMI), a member of the Murugappa Group, is Wendt (India) Limited. The company produces precision components, super abrasives, and equipment for grinding and honing. Next week, the stock will be in the spotlight since the record date for the forthcoming dividend is July 14.

Wendt (India) Dividend

"The Directors have recommended a final dividend of Rs. 20/- (200%) per equity share (on a face value of Rs.10/-) for the financial year ended 31st March 2025. The dividend warrants, upon approval of final dividend by the shareholders at the 43rd Annual General meeting, will be posted by 12th August 2025. In case of shareholders opting for NECS/NACH, the dividend would be credited to their accounts by 12th August 2025. It may be recalled that an Interim Dividend at Rs.30/- per equity share was declared by the Board at its meeting held on 22nd January 2025 and paid on 18th February 2025. With this recommendation, the total dividend for the year ended 31st March 2025 aggregates to Rs. 50/- (Rupees Fifty Only)," said Wendt (India) in a stock exchange filing.

Wendt (India) Annual General Meeting and Record Date

"The 43rd Annual General Meeting of the shareholders of the Company is scheduled to be held on Monday, 21st July 2025. The Record Date for the purpose of 43rd Annual General Meeting final dividend for the FY 2024-25 and is Monday, 14th July 2025," the company confirmed in a regulatory filing.

Wendt (India) Q1 Result Date

"Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, 21st July 2025 to inter alia consider and approve the Unaudited financial results of the Company for the quarter ended 30th June 2025," Wendt (India) informed stock exchanges on 11th July 2025.

Wendt (India) Share Price Target

"Wendt is in a strong uptrend, comfortably trading above all major moving averages. The stock has formed strong support at ₹11,000 and faces resistance near ₹11,500. A clean breakout above ₹11,500 could trigger a rally toward ₹12,000. The structure remains firmly bullish, supported by rising volumes. A decline below ₹11,000 may erode momentum and lead to a deeper correction. Traders can consider adding on dips toward ₹11,100-₹11,200 with a protective stop below ₹10,950," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

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