Windsor Machines Limited has recently announced the approval for the issuance of 7,37,680 equity shares at a price of ₹338.90 each. This decision was made during a Board of Directors meeting held on November 8, 2025, where the board convened from 2:11 PM to 7:50 PM IST. The shares, with a face value of ₹2 each, will be issued on a preferential basis, primarily intended to facilitate the acquisition of 100% equity share capital in Unitech Workholding Systems Private Limited. This strategic move is part of Windsor Machines' broader plans to expand its operational footprint and enhance its market capabilities.
The total value of this preferential issue amounts to approximately ₹24.99 crore, which includes a premium of ₹336.90 per share. The funds raised will be utilized as part of the consideration for the acquisition, structured as a share swap to meet regulatory requirements under the Companies Act, 2013 and the SEBI ICDR Regulations. This acquisition is significant as it represents 59.52% of the equity shares on a fully diluted basis, showcasing Windsor Machines' commitment to growth through strategic acquisitions.
In terms of allotment details, the shares will be distributed among several non-promoter investors, with each receiving 1,47,536 shares. Notable investors include Mr. Manishbhai Savjibhai Pipaliya, Mr. Rohitkumar Jamanbhai Donga, and Mr. Punitkumar Dhirajlal Koradia among others. This move is subject to shareholder and regulatory approvals, ensuring that all necessary compliance measures are followed. As Windsor Machines embarks on this pivotal acquisition, the market will be closely watching how this transaction impacts the company's financial trajectory and operational growth in the coming months.