WINDMACHINBSEWindsor Machines LtdMediumNeutral
Announced Sat, 23 May · 07:28 IST

Please find enclosed the intimation regarding the completion of the acquisition of the Non agriculture Land located at Chibhda, Rajkot.

Listed Co AcquisitionStrategic Transactions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+2.7%1-day move
₹287.40
prior close
₹289.00
base price
After-mkt
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+1.6+1.3+1.0+1.4+2.7+1.2+0.2-4.0-2.9-0.5+15.9+5.4-1.5
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AI summary

Windsor Machines Ltd has completed the acquisition of approximately 77,198 square meters of non-agriculture land located at Village Chibhda, Taluka Lodhika, District Rajkot, Gujarat from M/s. Swastik Realty. The total consideration for this purchase is Rs. 55 crore. The registration of the Deed of Conveyance was completed on May 22, 2026. The company initially had this land on a 9-year lease before deciding to purchase it. This acquisition was approved by the Board of Directors on November 8, 2025. The transaction is not a related party transaction and there is no shareholding relationship between the buyer and seller.

Likely market impact

This land acquisition gives Windsor Machines a significant physical asset base in Rajkot, potentially for manufacturing or operational expansion. The Rs. 55 crore outflow represents a notable capital deployment that may impact short-term cash positions but signals strategic real estate investment for future growth.