Wendt (India) Limited (WIL) was incorporated in 1980 as a Joint Venture between Wendt GmbH ( www.wendtgroup.com ) and The House of Khataus. In 1991, Carborundum Universal Ltd (CUMI), 5.3 billion USD Billion Murugappa Group Company ( www.murugappa.com ) acquired the Khatau’s stake in the business. Currently, Wendt GmbH and CUMI holds 37.5% each in WIL and the public holds balance 25% equity.