Windsor Machines

Windsor Machines' board approved the issue of up to 62.5 lakh fully convertible warrants at Rs 301 each aggregating up to Rs 188.12 crore to S Gupta Family Enterprises Private Limited and KITARA PIIN 2601 on a preferential basis. Each warrant converts into one Rs 2 equity share within 18 months with 25% payable on allotment and the balance on exercise, subject to shareholder approval at an extraordinary meeting on December 5. The two allottees held no shares before the proposal and would hold 4.56% and 1.14% respectively on a fully diluted basis on full conversion. The company completed conversion of its January 2025 preferential shares and warrants at Rs 191.85 by July 2026, with the promoter group holding 43.9% in September 2026. Revenue was Rs 570.5 crore in the year to March, and the Rajkot integrated plant has installed capacity of 3,600 units a year expandable to 8,400.

Powered by Tijori

Windsor Machines published an investor presentation for the quarter ended September 2026. Revenue for the quarter was ₹182.8 crore, up 33.8% from a year earlier, while EBITDA was ₹1.6 crore and adjusted net loss was ₹5.3 crore. The consolidated order book stood at ₹273 crore as on 30 September, against ₹217 crore in June, and the CNC division secured government tender orders worth ₹59 crore for 38 machines in October over and above that book. Consolidated revenue was ₹570.5 crore in the year to March. The company operated an integrated plant at Chibhda, Rajkot with capacity of 3,600 machines a year expandable to 8,400 and an installed base of more than 35,000 machines across 65 countries.

Powered by Tijori

Windsor Machines Ltd announced that its board accepted the resignation of Chief Executive Officer Vinay Bansod, effective at the close of business on July 15, though he will continue to serve as a Whole Time Director to ensure a smooth leadership transition. The board simultaneously appointed Mohan Ramachandran as the new CEO, effective July 16. Ramachandran brings over 32 years of experience across automotive and industrial manufacturing, having held senior roles at Eicher Group, Mahindra & Mahindra, Cummins Technologies and Milacron India. He holds a bachelor's degree from NIT Tiruchirapalli and a PGDM from the Goa Institute of Management. The leadership change was approved at a board meeting held on Wednesday.

Powered by Tijori

July 15 (Reuters) - Windsor Machines Ltd WIND.NS:

• WINDSOR MACHINES LTD - APPOINTED MOHAN RAMACHANDRAN AS CHIEF EXECUTIVE OFFICER

Source text: ID:nNSEb38gXS

Further company coverage: WIND.NS

(([email protected];))

Windsor Machines promoter Ramesh Keshubhai Siyani acquired 3.48 million shares, raising his direct stake to 8.54 per cent from 5.12 per cent, a disclosure under India’s takeover regulations showed. The shares were obtained by converting warrants between 11 and 24 June 2026 after stock exchanges approved trading in the new equity. Along with person acting in concert Plutus Investments, the promoter group now holds 42.95 per cent of the voting capital, or 44.67 per cent on a fully diluted basis.

Powered by Tijori

Windsor Machines approved the conversion of 1,04,24,811 warrants into equity shares, allotting an equal number of shares to Mr. Vinit Dharamshibhai Bediya at ₹191.85 each. The company received ₹149.99 crores as the balance 75% of the issue price. The warrants were originally issued in January 2025 as part of a preferential allotment of 2.6 crore warrants. Post-conversion, the paid-up capital rose by 11.4% to nearly 10.2 crore shares, with Mr. Bediya now holding about 10.25% of the enlarged equity. The new shares will rank equally with existing shares and will be listed upon exchange approvals.

Powered by Tijori

May 11 (Reuters) - Windsor Machines Ltd WIND.NS:

• WINDSOR MACHINES -APPROVED PROPOSAL FOR SALE OF INDUSTRIAL PLOTS AT WAGALE THANE INDUSTRIAL AREA

• WINDSOR MACHINES -DEAL CONSIDERATION OF 1.62 BILLION RUPEES ACROSS MULTIPLE TRACHES

Source text: ID:nnAZN4SVIKP

Further company coverage: WIND.NS

(([email protected];))

March 31 (Reuters) - Windsor Machines Ltd WIND.NS:

• WINDSOR MACHINES LTD - COMMENCES MANUFACTURING AT CHIBHDA, RAJKOT FACILITY EFFECTIVE MARCH 31, 2026

Source text: ID:nBSEBy2XJ

Further company coverage: WIND.NS

(([email protected];))

Jan 10 (Reuters) - Windsor Machines Ltd WIND.NS:

• WINDSOR MACHINES LTD - TO DIVEST STAKE IN RCUBE ENERGY STORAGE SYSTEMS

• WINDSOR MACHINES - CONSIDERATION FOR SALE 4 MILLION RUPEES

Source text: ID:nNSE3fxqNN

Further company coverage: WIND.NS

(([email protected];;))

Nov 14 (Reuters) - Windsor Machines Ltd WIND.NS:

• TO ISSUE UP TO 11.7 MILLION SHARES AT 191.85 RUPEES PER SHARE

• TO ISSUE UP TO 26.1 MILLION WARRANTS AT 191.85 RUPEES PER WARRANT

Source text: ID:nnAPN2DUD0P

Further company coverage: WIND.NS

(([email protected];;))

Nov 11 (Reuters) - Windsor Machines Ltd WIND.NS:

• TO BUY GLOBAL CNC FOR 3.43 BILLION RUPEES

Source text: ID:nNSEgJP6l

Further company coverage: WIND.NS

(([email protected];))

May 28 (Reuters) - Windsor Machines Ltd WIND.NS:

• RE-APPOINTED VINAY BANSOD AS WHOLE-TIME DIRECTOR DESIGNATED AS CEO

Source text for Eikon: ID:nBSE4DSC6K

Further company coverage: WIND.NS

(([email protected];))

Nov 6 (Reuters) - Windsor Machines Ltd WIND.NS:

• WINDSOR MACHINES LTD SEPT-QUARTER CONSOL NET PROFIT 14.5 MILLION RUPEES VERSUS 62.8 MILLION RUPEES

• WINDSOR MACHINES LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 892.7 MILLION RUPEES VERSUS 978.6 MILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: WIND.NS

(([email protected];))