Windsor Machines to Acquire 59.52% Stake in Unitech Workholding Systems via Share Swap

Windsor Machines Limited has announced plans to acquire a 59.52% stake in Unitech Workholding Systems Private Limited through a combination of share swap and cash payment. The company plans to issue up to 7,37,680 equity shares at Rs. 338.90 per share on a preferential basis as part of the consideration for this acquisition.

Key Details of the Acquisition

Total Acquisition Value: Rs. 42.00 crore
Share Swap Component: Rs. 25.00 crore (59.52% of total value)
Cash Component: Rs. 17.00 crore (40.48% of total value)
Issue Price: Rs. 338.90 per share (Rs. 2 face value + Rs. 336.90 premium)

Preferential Allotment Details

The preferential allotment of shares will be made to five individuals who are existing shareholders of Unitech but not promoters of Windsor Machines. Here's a breakdown of the allotment:

Allottee Name	Number of Shares	Amount (in Rs.)
Manishbhai Savjibhai Pipaliya	147,536	5,00,00,000.00
Rohitkumar Jamanbhai Donga	147,536	5,00,00,000.00
Punitkumar Dhirajlal Koradia	147,536	5,00,00,000.00
Chetan Bachubhai Makwana	147,536	5,00,00,000.00
Karsan Arjan Maliya	147,536	5,00,00,000.00
Total	737,680	25,00,00,000.00

Strategic Rationale

The acquisition of Unitech Workholding Systems aims to enhance Windsor Machines' market presence and product offerings. Unitech specializes in manufacturing modular clamping elements, dies, tools, fixtures, and CNC machines. This acquisition is expected to enable Windsor Machines to provide tooled solutions with machines as a package, including fixtures and tooling.

Impact on Shareholding

Post-acquisition, the allottees will collectively hold about 0.85% of Windsor Machines' equity, or 0.70% on a fully diluted basis. The promoter holding is expected to slightly decrease from 46.18% to 45.79% post-issue.

Financial Snapshot of Unitech

Net Worth: Rs. 3.55 crore
Turnover: Rs. 15.20 crore

Extraordinary General Meeting

Windsor Machines has scheduled an Extraordinary General Meeting (EGM) for December 7 to seek shareholder approval for this preferential allotment. The meeting will be held through video conferencing.

Conclusion

This strategic move by Windsor Machines Limited represents a significant step towards expanding its product portfolio and market reach. The acquisition of Unitech Workholding Systems is expected to strengthen Windsor's position in the machine manufacturing sector, particularly in the area of tooled solutions and fixtures.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.70%	-0.60%	-2.42%	-21.60%	+2.90%	+2,029.67%

Windsor Machines Limited , a leading manufacturer of plastic-processing machinery, has announced the appointment of four senior management personnel, effective November 08, 2025. The move, approved by the company's Board of Directors based on recommendations from the Nomination Remuneration Committee, aims to strengthen its operational capabilities and drive growth.

New Appointments and Responsibilities

The company has made the following appointments:

Name	Position	Responsibilities
Subhaschandra Shenoy	Vice President Manufacturing	Oversees extrusion machine operations with additional charge of injection moulding machine manufacturing
Dipeshkumar Mukundbhai Kachhia	Vice President Human Resources	Manages the company's HR department and takes additional charge of Global CNC Private Limited's HR department
Kiran Narayan More	Deputy General Manager for Sales and Marketing	Handles pipe extrusion machines in India with additional charge of export business
Keyur Dilipbhai Patel	Manager Manufacturing Assembly	Oversees injection moulding machine assembly with additional charge of pipe extrusion machine assembly

Strategic Moves and Expansion

In addition to these appointments, Windsor Machines has made several strategic decisions:

Land Acquisition: The company plans to purchase non-agricultural land measuring approximately 77,198 square meters in Chibhda, Rajkot, for a consideration of Rs. 55.00 crore. This move suggests potential expansion of manufacturing capabilities.
Merger with Global CNC: Windsor Machines has proposed a scheme of amalgamation with its wholly-owned subsidiary, Global CNC Private Limited. This merger aims to combine resources, increase market share, and optimize operations.
Acquisition of Unitech Workholding Systems: The company has entered into an agreement to acquire 100% equity share capital of Unitech Workholding Systems Private Limited for Rs. 42.00 crore. This acquisition is expected to enhance Windsor's tooled solutions offerings.
Preferential Share Issue: To partially fund the Unitech acquisition, Windsor Machines will issue 7,37,680 equity shares at Rs. 338.90 per share on a preferential basis to Unitech's existing shareholders.
Corporate Office Relocation: The company plans to shift its corporate office from Vatva, Ahmedabad, to its registered office in Thaltej, Ahmedabad, effective January 01, 2026.

These strategic moves, coupled with the new senior management appointments, indicate Windsor Machines' focus on strengthening its market position and operational efficiency in the plastic-processing machinery sector.

Windsor Machines Limited continues to demonstrate its commitment to growth and innovation in the manufacturing industry. The company's recent decisions reflect a proactive approach to expanding its capabilities and market presence, positioning itself for future success in the competitive machinery manufacturing landscape.