Key Quantitative Figures

  • Gross Proceeds from Preferential Issue: ₹724,99,99,413.45 (approximately ₹725 crore)
  • Net Proceeds from Preferential Issue: ₹700,07,27,990 (approximately ₹700.07 crore)
  • Total Amount Utilized as of June 30, 2026: ₹700,07,27,990 (100% of net proceeds)

Detailed Fund Utilization Breakdown

  • Acquisition of Global CNC Private Limited and related expenses:
  • Original Allocation: ₹344,00,00,000
  • Actual Utilized: ₹342,76,68,900
  • The acquisition was finalized with a lump sum amount of ₹342.77 crore after deducting TDS of ₹34.31 lakhs under Section 194Q
  • Remark: The actual valuation was ₹343.11 crore, and the company deducted TDS@1% u/s 194Q of Rs. 34.31 lakhs and paid net amount of Rs. 342.77 crore
  • Funding the capex requirements:
  • Original Allocation: ₹165,00,00,000
  • Actual Utilized: ₹156,40,43,319
  • Working capital for Company:
  • Original Allocation: ₹63,80,00,000
  • Actual Utilized: ₹63,80,00,000
  • Working capital for Global CNC Private Limited:
  • Original Allocation: ₹52,20,00,000
  • Actual Utilized: ₹52,20,00,000
  • General corporate purpose:
  • Original Allocation: ₹100,00,00,000
  • Actual Utilized: ₹15,00,00,000

Parties Involved

  • Listed Entity: Windsor Machines Limited
  • Monitoring Agency: ICRA Limited
  • Regulatory Authorities: BSE Limited (Scrip Code: 522029), National Stock Exchange of India Limited (Trading Symbol: WINDMACHIN)
  • Compliance Officer: Rohit Dineshbhai Sojitra, Company Secretary and Compliance Officer
  • Acquisition Target: Global CNC Private Limited

Financial Impact

No deviation or variation reported in the utilization of funds. All funds have been utilized according to the original objects approved by shareholders. The audit committee has reviewed and provided no comments, and auditors have also provided no comments.

Additional Information

  • The company confirms there was no deviation/variation in utilization of funds
  • No change in terms of any contract referred to in the fund-raising document
  • The monitoring agency is ICRA Limited
  • The statement was digitally signed by Rohit Dineshbhai Sojitra on August 08, 2026