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Wheels India gets nod to hike stake in Axles India

25 Jun 2025 Evaluate

Wheels India has received approval for acquisition of 7,64,533 equity shares of Axles India from Forge 2000 at a total consideration of Rs 22.68 crore. The proposed transaction is likely to be completed before August 31, 2025.  The company currently holds 9.51% of the share capital of Axles India and with this acquisition, the shareholding percentage increase will from 9.51% to 12.51%. The board of directors in its meeting held on June 25, 2025 have approved the same.

Wheels India engages in the design, manufacture, and sale of automobile wheels in India.


Wheels India Share Price

1057.20 -16.75 (-1.56%)
21-Apr-2026 10:49 View Price Chart
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