Windsor Machines unifies operations, boosts capital with key initiatives
Windsor Machines Limited’s board of directors approved a scheme of amalgamation for Global CNC Private Limited with Windsor Machines Limited, effective April 1, 2025. This move consolidates the share capital, assets, and liabilities of Global CNC, a wholly-owned subsidiary engaged in computer numerical controlled (CNC) and vertical machining centers (VMC) business, into Windsor Machines, which specializes in plastic-processing machinery. The amalgamation aims to integrate resources, enhance efficiency, and leverage combined market share and financial pools.
Concurrently, the board approved a preferential issue of 737,680 equity shares at a price of INR 338.90 per share, totaling INR 24,99,99,752. This capital infusion, for consideration other than cash, is intended to discharge part of the purchase consideration for acquiring 59.52% of Unitech Workholding Systems Private Limited's equity. The shares will be allotted to Mr. Manishbhai Savjibhai Pipaliya, Mr. Rohitkumar Jamanbhai Donga, Mr. Punitkumar Dhirajlal Koradia, Mr. Chetan Bachubhai Makwana, and Mr. Karsan Arjan Maliya.
Furthermore, Windsor Machines announced the appointment of four senior management personnel, effective November 8, 2025. Mr. Subhaschandra Shenoy (vice president, manufacturing), Mr. Dipeshkumar Mukundbhai Kachhia (vice president, human resources), Mr. Kiran Narayan More (deputy general manager, sales and marketing), and Mr. Keyur Dilipbhai Patel (manager, manufacturing assembly) have all been appointed.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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