Windsor Machines revises EGM notice for preferential share issue

Windsor Machines Limited has updated its EGM notice for December 7, 2025, to reflect revisions concerning a preferential issue of equity shares. The company plans to issue up to 7,37,680 equity shares, each with a face value of INR 2, to discharge part of the purchase consideration for acquiring 2,97,619 equity shares in Unitech Workholding Systems Private Limited, representing 59.52% of its total equity shares. This transaction aims to settle a purchase consideration of INR 24,99,99,752.

Valuation reports from an independent registered valuer, dated November 8, 2025, determined the fair value of Windsor Machines Limited equity shares at INR 338.90 per share and Unitech Workholding Systems Private Limited equity shares at INR 840.00 per share. Based on this, 247.86 shares of Windsor will be allotted for every 100 shares of Unitech to the proposed allottees.

Following the preferential issue, the shareholding pattern of Windsor Machines Limited will change. The total number of shares will increase from 8,70,84,521 to 8,78,22,201 (pre-conversion of warrants) and to 10,34,59,417 on a fully diluted basis. The promoter and promoter group's holding will adjust from 46.18% to 45.79%, while the non-promoter holding will increase from 53.82% to 54.20% (pre-conversion).