Windsor Machines to amalgamate with wholly owned subsidiary Global CNC

Windsor Machines Limited has approved a Scheme of Amalgamation with its wholly owned subsidiary, Global CNC Private Limited, effective April 1, 2025. This strategic move aims to consolidate assets and liabilities, leading to operational synergies, expanded market share, and improved financial resources. The amalgamation is expected to simplify the corporate structure, reduce legal and regulatory compliances, and cut administrative expenses, benefiting all stakeholders.

The scheme, approved by both companies' boards on November 8, 2025, will result in the dissolution of Global CNC Private Limited without winding up. No new shares will be issued by Windsor Machines, as it is the sole shareholder of Global CNC. The authorized share capital of Windsor Machines will increase to INR 40,10,000,000, combining its existing capital with that of Global CNC, without additional stamp duty.

This amalgamation is subject to necessary statutory and regulatory approvals, including those from the National Company Law Tribunal. Key managerial personnel from both entities are authorized to execute the necessary documentation and take all steps required for effective implementation.