Windsor Machines allots 1.04 Cr equity shares at ₹191.85 on warrant conversion

Windsor Machines Ltd's Board approved the allotment of 1,04,24,811 equity shares of ₹2 each at an issue price of ₹191.85 (including a premium of ₹189.85) to Mr. Vinit Dharamshibhai Bediya from the Public Category. This allotment follows the conversion of an equal number of warrants, for which the company received ₹149,99,99,992 (being 75% of the issue price). Consequently, the company's paid-up equity share capital increased from ₹18,26,04,402 (9,13,02,201 shares) to ₹20,34,54,024 (10,17,27,012 shares). The newly allotted shares will rank pari-passu with existing shares and will be listed on BSE and NSE upon receipt of listing approval.