WINDMACHINBSEWindsor Machines LtdMediumNeutral
Announced Sat, 9 May · 21:56 IST

Please find enclosed the intimation of Appointment of Mr. Dharmendrabhai Varasada as an Additional Director of Windsor Machines Limited w.e.f. 09.05.2026

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹316.40
prior close
₹323.75
base price
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AI summary

Windsor Machines Limited has announced the appointment of Mr. Dharmendra Becharbhai Varasada as an Additional Director designated as Executive Director, effective May 09, 2026. The appointment was unanimously approved by the Board based on the recommendation of the Nomination and Remuneration Committee. Varasada brings over 25 years of technical experience in manufacturing, having previously served as the technical lead at Global CNC Private Limited, a former wholly-owned subsidiary that amalgamated with Windsor Machines. He will oversee the company's production, technology solutions, and service functions across various machine categories including CNC, VMC, and injection moulding machines. The appointment is subject to shareholder approval.

Likely market impact

Adding a technically experienced executive director could strengthen the company's manufacturing and operational oversight. The appointment is positive for operational efficiency but may face minor dilution or procedural delay pending shareholder approval.