Please find enclosed the Scheme of Amalgamation between Global CNC Private Limited wholly owned subsidiary and Windsor Machines Limited and their respective shareholder and creditors, along ....
WINDMACHIN · price
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Windsor Machines Ltd has submitted the Scheme of Amalgamation to merge its wholly owned subsidiary Global CNC Private Limited into itself. The boards of both companies approved the scheme on November 8, 2025, with an Appointed Date of April 1, 2025. The merger is being pursued under Sections 230-232 of the Companies Act, 2013, and will be filed with the NCLT Ahmedabad Bench for approval. Because the merger involves a wholly owned subsidiary with its holding company, no share swap ratio applies and no SEBI stock exchange no-objection is required under Regulation 37(6). Global CNC makes CNC machines and machining centers, while Windsor Machines makes plastic injection moulding and extrusion equipment. The rationale is to simplify the group structure, reduce duplicate compliance costs, and consolidate operations.
Since Global CNC is already a wholly owned subsidiary, this amalgamation will not change the shareholding pattern of Windsor Machines and no new shares will be issued to outside shareholders. Retail investors should expect no dilution or change in their stake; the move is purely a structural simplification with potential long-term cost savings for the parent company.