Rs 20 Per Share Incoming By Wendt (India)! Board Clears 200% Interim Dividend; When Will It Be Paid?

Midway through the fiscal year, the board of Wendt (India) Limited declared a sizable interim dividend, providing its shareholders with a substantial payout. The firm, which was founded in 1980 and is a member of the $5.3 billion Murugappa Group, is a leading producer of equipment, high-precision grinding tools, and super abrasives. The firm, which has its headquarters in Hosur, Tamil Nadu, is a joint venture between Carborundum Universal Ltd (CUMI) and 3M (via Wendt GmbH).

Wendt (India) Dividend

The Board has declared an interim dividend of 200% i.e. Rs. 20/- per equity share on a face value of Rs. 10/- for the year ending 31st March 2026.

"The Record Date for determining the members eligible to receive aforesaid interim dividend is Wednesday, 28th January 2026. In the case of shareholders opting for NECS/ECS, the dividend would in the normal course be credited to their accounts by Wednesday, 18th February 2026. In the case of shareholders opting physical mode of payment, the same will be dispatched by Wednesday, 18th February 2026," said Wendt (India) in a stock exchange filing.

Wendt (India) Q3 Results

In the quarter that ended in December 2025, Wendt India's net profit dropped 63.75% to Rs 2.98 crore from Rs 8.22 crore in the year-ago quarter that ended in December 2024. In Q3FY26, sales increased by 14.52% to Rs 60.32 crore from Rs 52.67 crore in Q3FY25.

Wendt (India) Target Price

"Wendt India stock price is bearish and also oversold with next support at 6391 on the Daily charts. Investors should buy only if Daily close is above resistance of 7142 could lead to a target of 8235 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

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