Windsor Machines received NSE and BSE approval to reclassify Castle Equipments and Ghodbunder Developers from Promoter to Public category.
The reclassification reduces promoter holding by 12 shares to 47.86%, increasing public holding to 52.14% with no material financial impact.
Both exchanges issued warning letters for the company's 45-day delay in submitting required regulatory intimation of the reclassification application.
The company acknowledged the warnings and committed to future compliance with SEBI LODR Regulations and related circulars.