Windsor Machines Limited has informed the Exchange about Intimation regarding the Completion of the Acquisition of the Non-agriculture Land located at Chibhda, Rajkot
WINDMACHIN · price
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Windsor Machines Limited has completed the acquisition of approximately 77,198 square meters of non-agriculture land in Chibhda village, Rajkot district, Gujarat. The registration of the deed of conveyance was completed on May 22, 2026, transferring full ownership and possession to the company. The acquisition was carried out with M/s. Swastik Realty for a total consideration of Rs. 55 crore. The deal was originally approved by the Board of Directors on November 8, 2025, and has now been formally concluded. The transaction is not a related party transaction and was conducted at arm's length with no promoter or group company involvement.
The completion of this land acquisition signals the company's expansion of its operational footprint in Gujarat, which could support future manufacturing or operational needs. While the deal is small relative to the company's scale, it reflects capital expenditure and could signal growth-oriented investment to the market.