Windsor Machines Limited has submitted the Exchange a Declaration of Voting Result of Postal Ballot along with Scrutinizer s Report.
WINDMACHIN · price
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Windsor Machines Limited conducted a postal ballot via e-voting that closed on March 13, 2026, and shareholders have approved a Special Resolution to sell, transfer, lease or otherwise dispose of the company's industrial property in Ahmedabad. The property covers four industrial plots (Nos. 5402-5405) at GIDC Vatva, Phase IV, spanning about 36,775 square meters, along with factory buildings and attached fixed assets, under Section 180(1)(a) of the Companies Act, 2013. A total of 48,072,058 shares (55.20% of the 87,084,521 outstanding shares) were polled, with 48,071,700 votes (99.9993%) in favour and just 358 votes against. The promoter group voted 100% in favour, while public non-institutions showed 99.9954% support. The Scrutinizer, Ms. Rama Subramanian (CS, ACS-15923), certified the resolution as duly passed with requisite majority on March 14, 2026.
Shareholder approval clears the way for Windsor Machines to monetise a sizeable industrial asset, which could unlock meaningful cash inflows for the company. Investors should track the next announcement for the actual deal size, buyer details, and intended use of proceeds, as this disposal could materially impact the company's balance sheet and future operations.