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:

Strategic Moves and Expansion

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

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

Windsor Machines Limited , a leading manufacturer of plastic-processing machinery, has reported a net loss of Rs. 305.61 lakhs for the quarter ended September 30, compared to a loss of Rs. 155.48 lakhs in the same period last year. Despite the widened losses, the company's revenue from operations increased to Rs. 6,960.46 lakhs from Rs. 5,838.18 lakhs year-over-year.

Strategic Decisions and Acquisitions

The Board of Directors has approved several strategic decisions aimed at strengthening the company's position in the market:

1. Acquisition of Unitech Workholding Systems: Windsor Machines plans to acquire 100% equity shares of Unitech Workholding Systems Private Limited for Rs. 42.00 crores. This acquisition is expected to be financed through a combination of cash (Rs. 17.00 crores) and a share swap (Rs. 25.00 crores).

2. Amalgamation with Global CNC: The company has approved a scheme of amalgamation with its wholly-owned subsidiary, Global CNC Private Limited. This move aims to combine resources, increase market share, and optimize operations.

3. Land Purchase and Corporate Office Relocation: The company plans to purchase non-agriculture land in Gujarat for Rs. 55.00 crores. Additionally, Windsor Machines intends to relocate its corporate office from Vatva, Ahmedabad, to its registered office in Thaltej, Ahmedabad, effective January 1.

Manufacturing Plant Relocation

Windsor Machines is shifting both its manufacturing plants to a new integrated facility in Chibhda, Rajkot:

• The Injection machinery plant relocation has been completed at a one-time cost of Rs. 219.00 lakhs.
• The Extrusion machinery plant relocation is set to commence soon.
• The company has settled with union workers, paying a total one-time amount of Rs. 1,161.61 lakhs across its Extrusion, Injection, and Thane locations.

Senior Management Appointments

To strengthen its leadership team, Windsor Machines has appointed four senior management personnel:

Preferential Issue for Acquisition

Windsor Machines Limited's Board of Directors has approved the issuance of 7,37,680 equity shares at Rs 338.90 per share, totaling Rs 24.99 crore. The shares will be issued on a preferential basis to five non-promoter individuals as consideration for acquiring 59.52% equity stake in Unitech Workholding Systems Private Limited. The allottees include Manishbhai Savjibhai Pipaliya, Rohitkumar Jamanbhai Donga, Punitkumar Dhirajlal Koradia, Chetan Bachubhai Makwana, and Karsan Arjan Maliya, each receiving 1,47,536 shares. This transaction is structured as a share swap arrangement and requires shareholder and regulatory approvals.

Preferential Issue Proceeds Utilization

Windsor Machines Limited has submitted its monitoring agency report for the quarter ended September 30, prepared by ICRA Limited. The report confirms no deviation from the stated objects of the preferential issue worth INR 725 crore, which included equity shares and warrants. The company has utilized INR 462.48 crore of the net proceeds across five main objectives:

1. Acquisition of Global CNC Private Limited: INR 342.77 crore utilized out of INR 344 crore allocated
2. Funding capex requirements: INR 81.71 crore utilized out of INR 165 crore
3. Working capital for the company: INR 10 crore utilized out of INR 63.80 crore
4. Working capital for Global CNC: INR 13 crore utilized out of INR 52.20 crore
5. General corporate purposes: INR 15 crore utilized out of INR 100 crore

The monitoring agency noted that INR 462.50 crore was credited to net proceeds accounts as only part payment was received against warrants. All statutory approvals, including GPCB approval, have been obtained, and the implementation timeline remains on schedule across all objectives.

These strategic decisions, operational changes, and the proper utilization of preferential issue proceeds come as Windsor Machines aims to consolidate its operations, expand its product offerings, and improve its market position in the plastic-processing machinery sector.