Key Transaction Details
- Property Description: Non-agriculture land located at Revenue Survey Nos. 1147, 1148, 1149 and 1177 of Village: Chibhda, Taluka: Lodhika, District: Rajkot, Gujarat, PIN-360035.
- Land Area: 77,198 square meters (approximately).
- Seller: M/s. Swastik Realty.
- Transaction Value: ₹55.00 Crore.
- Previous Arrangement: The land was previously held by the company on a long-term lease of 9 years.
Key Dates and Approvals
- Board Approval Date: November 08, 2025. The Board meeting commenced at 02:11 p.m. (IST) and concluded at 07:50 p.m. (IST).
- Transaction Completion Date: May 22, 2026. The registration of the Deed of Conveyance and related documents was completed with the Sub-registrar at Taluka: Lodhika on this date.
- Filing Date: The completion was intimated to the exchanges via this letter dated May 23, 2026.
Ownership and Related Party Status
- The seller, M/s. Swastik Realty, is not a related party to the promoter/promoter group/group companies of Windsor Machines Limited.
- The transaction is not a Related Party Transaction and was conducted at arm's length.
- The company holds no shareholding in M/s. Swastik Realty.
Post-Transaction Status
As of May 22, 2026, the ownership and possession of the said land have been legally transferred to and vested in Windsor Machines Limited.