Windsor Machines Limited Receives Approval for Promoter Reclassification
Windsor Machines Limited has received necessary approvals from both the National Stock Exchange of India Limited (NSE) and BSE Limited for the reclassification of certain promoters into the public shareholder category.The approvals validate the application for reclassifying promoters under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted the reclassification of the following erstwhile promoters:
| Promoter Name | Shares Transferred | Percentage of Total Shareholding |
|---|---|---|
| Ghodbunder Developers Private Limited | 12 | 0.00% |
| Castle Equipments Private Limited | - | 0.00% |
The approval also mandated the company to present the summarized change in shareholding structure, comparing pre-reclassification and post-reclassification data.
The company's shareholding pattern demonstrates the following shifts:
| Quarter | Promoter Holding (Shares Held) | Promoter Holding (%) | Public Holding (Shares Held) | Public Holding (%) |
|---|---|---|---|---|
| Pre-Reclassification | 04,36,94,664 | 47.86 | 04,76,07,537 | 52.14 |
| Post-Reclassification | 04,36,94,652 | 47.86 | 04,76,07,549 | 52.14 |
The reclassification details further confirmed that the entities exiting the promoter category were Ghodbunder Developers Private Limited, holding 12 shares (0.00% shareholding), and Castle Equipments Private Limited.
WINDMACHIN Stock Price Movement
On Friday, Windsor Machines Limited shares slipped by 5.36% to close at ₹285.10. The stock traded on a notable volume of 42,346 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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