Wheels India Limited
Wheels India is engaged in the Business of Manufacture of Road Wheels , Parts & Accessories for Machinery / Equipments used by construction and mining industries and Wind Turbine Parts.
What Wheels files
- Others62
- Investor Meet24
- Board Meeting14
- Updates11
- Dividend/Bonus9
- Important7
Wheels India revised its preferential issue terms following exchange observations. The issue price is now Rs. 1461/share (vs. Rs. 1418), reducing shares to 12,32,031. Total Rs. 180 Cr will fund debt repayment.
Wheels India board approved audited financial results for the quarter and year. Full-year consolidated revenue jumped 15.2% to 5,464.94 Cr, with net profit surging 40.9% to 158.05 Cr. A final dividend of Rs. 9.14 per share was proposed, pending shareholder approval at the upcoming AGM.
Wheels India highlights a new opportunity for investors holding old physical shares. A special window is open to convert previously rejected or unaddressed transfers to demat. Note a one-year lock-in on these dematerialized shares.
Wheels India has announced a board meeting to review the financial results for the quarter and half-year. Consolidated revenue rose to Rs. 1,277.19 Cr, led by automotive and industrial component growth. Profit before tax improved to Rs. 51.57 Cr from Rs. 33.42 Cr last quarter. Final dividend declared at Rs....
Wheels India has announced a board meeting to appoint Mr. S Sridhar, Head-ASD, as Senior Management Personnel, highlighting a strategic push in the Air Suspension division backed by his strong OEM and STU ties. Meanwhile, Mr. G Muguntha Narayanan’s nomination as Senior Management Personnel was withdrawn after stepping down as...