STOCKWATCH

Plutus Investments and Holding Private Limited Acquires 53.90% Stake in Windsor Machines Ltd.

Windsor Machines Ltd. announces a change in promoter under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Plutus Investments and Holding Private Limited has consummated the Share Purchase Agreement (SPA) dated June 18th, 2024, and acquired 53.90% of the total equity share capital and total voting capital of the company. The acquisition was made at a price of INR 100 per equity share, amounting to a total consideration of INR 350,00,00,000. The existing promoter, Castle Equipments Private Limited, along with Ghodbunder Developers Private Limited, will cease to be the promoter and relinquish management control in favor of the acquirer. They will be reclassified as public shareholders.

• Plutus Investments and Holding Private Limited acquires 53.90% stake in Windsor Machines Ltd.
• Acquisition made at a price of INR 100 per equity share, totaling INR 350,00,00,000.
• Existing promoter, Castle Equipments Private Limited, along with Ghodbunder Developers Private Limited, cease to be promoters.
• Existing promoters to be reclassified as public shareholders.
• New shareholding pattern: Plutus Investments and Holding Private Limited - 53.90%