Windsor Machines Limited has received in-principle approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) for the issuance of 737,680 equity shares of ₹2 each on a preferential basis. The approval from NSE was communicated via letter dated January 29, 2026 (NSE/LIST/51880), and from BSE via letter dated January 28, 2026 (LOD / PREF / SS / FIP/ 1598/2025-2026). The preferential issue is in terms of Regulation 28 (1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The BSE letter also specified that the shares are being issued at a price not less than ₹338.9 per share to non-promoters on a preferential basis pursuant to a share swap. Both exchanges have outlined conditions for the approval, including the timely filing of listing applications post-allotment, obtaining statutory approvals, and ensuring compliance with all applicable regulations. The company has also been advised to strengthen internal controls to monitor trades by proposed allottees and obtain undertakings confirming no intra-day trading or sale of shares until the allotment date, as per SEBI (ICDR) Regulations.
