Windsor Machines Converts 17.32 Lakh Warrants to Equity Shares

Windsor Machines Ltd has approved the allotment of 17,32,405 equity shares following the conversion of an equal number of warrants. This conversion, priced at ₹191.85 per share, was made to a Promoter Group entity upon receipt of the balance 75% issue price, totaling ₹24,92,71,424.40. This action completes the conversion of all 2,60,62,027 warrants issued on January 09, 2025. The company's issued, subscribed, and paid-up equity share capital has increased to ₹20,69,18,834, comprising 10,34,59,417 equity shares. The new shares will rank pari-passu with existing shares and are subject to listing approval.