Windsor Machines Limited has announced its 62nd Annual General Meeting (AGM) to be held on Saturday, September 20, 2025, at 11:00 A.M. IST through video conferencing. The company has outlined several key agenda items for shareholder consideration:

Financial Statements and Reports

Shareholders will review and adopt the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2025, along with the reports of the Board of Directors and Auditors.

Director Re-appointment

Mr. Vivek Chopra, who retires by rotation, is proposed for re-appointment as a Non-Executive Non-Independent Director. Mr. Chopra brings over 15 years of experience in consulting, corporate strategy, and investing.

Appointment of New Statutory Auditors

The company proposes to appoint M/s. S K Patodia & Associates LLP as the new Statutory Auditors for a five-year term, replacing the retiring auditors M/s. JBTM & Associates LLP.

Cost Auditor Remuneration

Shareholders will consider ratifying the remuneration of ₹90,000.00 plus applicable taxes for M/s. Ashish Bhavsar & Associates as the Cost Auditors for FY 2025-26.

Appointment of Secretarial Auditors

The company seeks approval to appoint M/s. Kashyap R. Mehta & Associates as Secretarial Auditors for a five-year term from FY 2025-26 to FY 2029-30.

The AGM will be conducted virtually in compliance with applicable regulations. Shareholders are encouraged to participate through remote e-voting or e-voting during the meeting.

Windsor Machines has also provided detailed instructions for shareholders regarding e-voting procedures, speaker registration, and other meeting protocols in the AGM notice.

Windsor Machines Limited , a leading manufacturer of plastic processing machinery, has reported a standalone net loss of Rs 1,605.88 lakhs for the quarter ended June 30, compared to a loss of Rs 869.45 lakhs in the previous quarter. The company's financial results showcase a mixed performance with revenue decline and increased losses, primarily due to exceptional costs related to plant relocation.

Revenue Decline

Windsor Machines witnessed a decrease in its standalone revenue from operations, which fell to Rs 6,960.46 lakhs from Rs 8,284.19 lakhs in the preceding quarter. This represents a quarter-on-quarter decline of approximately 16.00%.

Profitability Challenges

The company's bottom line was significantly impacted by exceptional items amounting to Rs 1,161.61 lakhs. These exceptional costs were primarily related to the company's decision to relocate its manufacturing facilities from Vatva and Chhatral to Rajkot, including worker settlement payments.

Consolidated Performance

On a consolidated basis, Windsor Machines reported a net loss of Rs 1,053.77 lakhs for the quarter.

Strategic Moves

Windsor Machines is undertaking a strategic relocation of its manufacturing facilities. The company is shifting its manufacturing plants from Vatva (Dist. Ahmedabad) and Chhatral (Dist. Gandhinagar) to a new integrated manufacturing facility at Rajkot. This move is expected to enhance operational efficiency in the long term, despite the short-term financial impact.

Recent Developments

1. Acquisition: The company completed the acquisition of Global CNC Pvt Ltd in February, expanding its capabilities in the CNC machinery segment.

2. Loan Settlement: Windsor Machines received partial payment of Rs 3,000.00 lakhs on July 31, from an earlier inter-corporate loan settlement. The balance payment is expected by August 14, which could potentially improve the company's liquidity position.

Outlook

While the exceptional costs have impacted the company's profitability in the short term, the strategic facility relocation and recent acquisition indicate Windsor Machines' focus on long-term operational improvements. The company's performance in the coming quarters will be crucial to assess the impact of these strategic decisions on its financial health and market position.

Investors and stakeholders will be closely monitoring how Windsor Machines manages its transition period and whether the anticipated operational efficiencies from the new Rajkot facility materialize in the near future.