WINDMACHINBSEWindsor Machines LtdMediumNeutral
Announced Sat, 16 May · 13:37 IST

Please find enclosed the intimation under Regulation 31A of the SEBI LODR Regulations, 2015 regarding the approval received from NSE and BSE for Reclassification Application of the Erstwhile Promoter.

Promoter Below 50pctOwnership Changes View source PDF

WINDMACHIN · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹285.00
prior close
₹283.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-1.4-2.0-1.8+1.3-2.5+2.8+0.8+0.0+2.0+10.5+14.0+2.8
Up moveDown movePending
AI summary

Windsor Machines Ltd has received approval from both NSE and BSE to reclassify two erstwhile promoters - Castle Equipments Private Limited and Ghodbunder Developers Private Limited - from Promoter category to Public Shareholder category. The reclassification involves only 12 shares (0.00% of total shareholding), with Castle Equipments holding zero shares and Ghodbunder Developers holding just 12 shares. Post-reclassification, promoter holding stands at 47.86% while public holding is at 52.14%, essentially unchanged from pre-reclassification levels. The company also received warning letters from both exchanges for delay in intimating the stock exchanges about the reclassification application (submitted April 5, 2026 instead of the required 24 hours from February 19, 2026). No fines or penalties were imposed.

Likely market impact

This reclassification has minimal impact on shareholding structure since the outgoing promoters held virtually no shares. The warning letters highlight compliance lapses but carry no financial penalty. Promoter holding remains below 50% at 47.86%.