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Home › News › WHEELS › Board Meeting

Wheels India Ltd (WHEELS) — Board Meeting | 24 September 2026

24 September 2026 · BSE 🟡 Notable Neutral
By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings
📢 Key Event
Approved qualified institutional placement with floor price of ₹2,197.10 per share
🔄 What Changed
Approved floor price and authorized issue opening
🔮 What's Next
Scheduled meeting on September 25, 2026 to finalize issue price
💡 Investor Takeaway
The placement may dilute shares but sets a clear pricing floor for institutional investors.

Wheels India approved a qualified institutional placement of equity shares with a floor price of ₹2,197.10 per share on September 24, 2026, following board and shareholder approvals, and authorized the issue opening today while scheduling a follow-up meeting to finalize the issue price.

📄 View Original Announcement (PDF)

📊 Stock Analysis — WHEELS✨ Ask AI About This

About Wheels India Ltd (WHEELS)

Automobile and Auto Components · Auto Ancillaries · Listed on BSE

Market Cap: ₹5,675.67 CrP/E: 34.7ROE: 15.7%ROCE: 19.7%Div Yield: 0.62%

View full WHEELS stock details →

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💡 Ask AI about this filing

"What discount can be offered on the floor price?""When will the issue price be finalized?""How much capital will be raised through this placement?"
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📊 More WHEELS filings

  • 🔴 Corporate Action — 26 September 2026Wheels India approved the allotment of 11,97,318 equity shares at ₹2088 per share (premium ₹2078) in...
  • Announcement — 26 September 2026Wheels India closed its qualified institutional placement of 1,197,318 shares at ₹2,088 each, a 4.97...
  • 🔴 Insider Trading — 23 September 2026TSF Investments Limited, a promoter of Wheels India Ltd, acquired 10,26,694 equity shares representi...
  • 🟡 Board Meeting — 21 September 2026Wheels India approved the allotment of 1,232,031 equity shares at ₹1,461 per share ([amount not veri...
  • 🟡 Board Meeting — 18 September 2026Wheels India held an EGM on September 17, 2026, where shareholders approved a special resolution to ...
See all WHEELS filings →

🔥 Also filed on 24 September 2026

STEELXINDSteel Exchange India LtdAnnouncement505343Monotype India LtdInsider TradingCARTRADECartrade Tech LtdAnnouncementBLBLIMITEDBLB LtdInsider Trading530063Yashraj Containeurs LtdAnnouncementKPILKalpataru Projects International LtdAnnouncement
View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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© 2026 StockFin.ai is not a SEBI-registered advisor. For informational purposes only.

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