Windsor Machines Limited has informed the Exchange about Intimation of Receipt of Approval for Reclassification Application of Promoter under Regulation 31A of SEBI LODR Regulations
WINDMACHIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Windsor Machines Limited received approval from both NSE and BSE to reclassify two entities — Castle Equipments Private Limited and Ghodbunder Developers Private Limited — from the Promoter category to the Public shareholder category. The two entities collectively held just 12 shares (effectively 0% of total shareholding). Post-reclassification, promoter holding remains at 47.86% and public holding at 52.14%, so there is no material change in the shareholding structure. The company also received warning letters from both exchanges because it failed to make the required disclosure within 24 hours of filing the reclassification application on February 19, 2026 — the disclosure was only made on April 5, 2026, a delay of over 40 days. No fines or penalties were imposed; only warnings were issued.
The reclassification has negligible impact on shareholding since the outgoing promoters held almost no shares. The promoter group remains just below the 50% threshold at 47.86%, so no immediate signalling of stake reduction. The regulatory warnings highlight a compliance lapse, which could draw minor scrutiny but carry no financial penalty.