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Wheels India Infuses 50,000 Euros In Subsidiary 'WIL Europe GmbH'

  • Wheels India has infused 50,000 euros into its subsidiary 'WIL Europe GmbH'.
  • WIL Europe GmbH is a newly formed entity aimed at expanding and conducting business activities in Europe.
  • The capital infusion was through a cash consideration of 50,000 equity shares with a face value of Euro 1 each.
  • Wheels India had earmarked Rs 250 crore for the current financial year, primarily for manufacturing windmill components.

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