Transmission of Shares27 March 2026 at 05:14 pm
Windsor Machines Ltd. Allots 7 Lakh Equity Shares on Conversion of Warrants to Promoter Group
AI Summary
Windsor Machines Ltd. has allotted 7,00,000 equity shares to the Promoter Group upon conversion of equity warrants. The allotment was made at an issue price of ₹191.85 per share, including a premium of ₹189.85. The allottee, Mr. Rameshbhai Keshubhai Siyani, had applied for conversion of 7,00,000 warrants and has received 75% of the issue price per warrant, amounting to ₹10,07,21,250.00. The new equity shares will rank pari-passu with the existing shares and will be listed on BSE Limited and National Stock Exchange of India Limited upon receipt of listing approval.
Key Highlights
- Windsor Machines Ltd. allots 7,00,000 equity shares to Promoter Group
- Allotment made at an issue price of ₹191.85 per share
- Allottee, Mr. Rameshbhai Keshubhai Siyani, applied for conversion of 7,00,000 warrants
- Allottee received 75% of the issue price per warrant, amounting to ₹10,07,21,250.00
- New equity shares to rank pari-passu with existing shares and listed on BSE, NSE