WINDMACHINBSEWindsor Machines LtdMediumNeutral
Announced Mon, 6 Jul · 15:51 IST

Windsor Machines converts all remaining warrants into equity shares

Warrants ConvertedFund Raising View source PDF

WINDMACHIN · price

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Price reaction · full curve 14 horizons · vs prior close
-4.0%1-day move
₹320.00
prior close
₹318.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-1.3-4.0-1.6-2.4-1.6-3.0-4.1
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AI summary

Windsor Machines converted its final 17,32,405 warrants into equity shares at Rs 191.85 each, receiving Rs 24.93 crore from promoter group member Ramesh Keshubhai Siyani. All 2.60 crore warrants issued in January 2025 are now fully converted. Paid-up equity capital rose from Rs 20.34 crore to Rs 20.69 crore, taking total shares to 10.34 crore. Post-allotment, Siyani holds 10.08 percent of the company. New shares will rank equally with existing ones and be listed on BSE and NSE.

Likely market impact

Minor equity dilution from conversion. Promoter now holds 10.08 percent, showing confidence. No further warrants pending.