Windsor Machines Limited Receives In-Principle Approval for Preferential Issue of 737680 Equity Shares

Windsor Machines Limited has secured in-principle approval from both major Indian stock exchanges for a preferential equity issue. The company announced receipt of regulatory approvals for issuing 737680 equity shares of Rs. 2/- each to non-promoters on a preferential basis. Exchange Approvals and Timeline The company received approvals from both exchanges within a day of each other. The National Stock Exchange of India Limited granted approval through letter NSE/LIST/51880 dated January 29, 2026, while BSE Limited provided its consent via letter LOD/PREF/SS/FIP/1598/2025-2026 dated January 28, 2026. Parameter Details Number of Shares 737680 equity shares Face Value Rs. 2/- each Issue Price Not less than Rs. 338.90 Issue Type Preferential basis to non-promoters Arrangement Share swap Regulatory Conditions and Compliance Requirements Both exchanges have outlined specific conditions that Windsor Machines must fulfill. The approvals are subject to compliance with various regulatory frameworks including SEBI (LODR) Regulations 2015, Companies Act 2013, and other applicable laws. Key conditions include: Filing listing application at the earliest from the date of allotment Receipt of statutory and other approvals from authorities including SEBI, RBI, and MCA Compliance with all applicable guidelines and regulations Submission of required documents and payment of applicable fees Internal Controls and Trading Restrictions Both NSE and BSE have emphasized the need for strengthened internal controls to monitor trades executed by proposed allottees. The exchanges have mandated specific undertakings from allottees to prevent non-compliance with SEBI (ICDR) Regulations. The company must obtain undertakings from allottees confirming they will not engage in intra-day trading or sell company shares until the allotment date. The responsibility for verification and compliance lies solely with Windsor Machines Limited, with potential impact on share listing if non-compliance is observed. Post-Allotment Requirements Upon completion of the allotment, Windsor Machines must submit a listing application within twenty days as per Schedule XIX of ICDR Regulations and SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023. Non-compliance with this timeline will attract penalties as specified in the regulatory circular. Both exchanges have reserved the right to withdraw their in-principle approval if submitted information is found to be incomplete, incorrect, misleading, or in contravention of applicable regulations. The approvals are granted under Regulation 28(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Windsor Machines Limited has disclosed an omission in its Extraordinary General Meeting notice to stock exchanges, addressing regulatory compliance requirements under SEBI regulations. The company communicated this disclosure to BSE Limited and National Stock Exchange of India Limited on January 07, 2026. Regulatory Disclosure Details The company informed that its Explanatory Statement to the Notice of Extraordinary General Meeting dated November 08, 2025, inadvertently omitted a required disclosure. The missing disclosure pertains to Regulation 163(g) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. Parameter: Details Original EGM Notice Date: November 08, 2025 Disclosure Date: January 07, 2026 Regulation Reference: SEBI (ICDR) Regulations 2018, Section 163(g) Communication Reference: Regulation 30 of SEBI Listing Regulations Missing Regulatory Provision The omitted disclosure specifically states: "The issuer shall re-compute the price of the specified securities in terms of the provisions of these regulations, wherever required." This provision relates to the re-computation of specified securities prices as mandated under SEBI regulations. Previous Communications Timeline The current disclosure follows a series of communications regarding the Extraordinary General Meeting: November 12, 2025: Initial intimation regarding Notice of Extraordinary General Meeting November 24, 2025: Corrigendum to the Notice of Extraordinary General Meeting January 07, 2026: Current disclosure regarding omission Company Communication The disclosure was signed by Rohit Sojitra, Company Secretary and Compliance Officer, and submitted to both major stock exchanges where the company's shares are listed. Windsor Machines trades on BSE with scrip code 522029 and on NSE with trading symbol WINDMACHIN. The company has requested all shareholders to take note of this disclosure, ensuring transparency in corporate communications and regulatory compliance. This corrective disclosure demonstrates the company's commitment to maintaining proper regulatory adherence and shareholder communication standards. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.