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Windsor Machines Converts Equity Warrants to Shares

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Windsor Machines Converts Equity Warrants to Shares

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Windsor Machines Limited ( (IN:WINDMACHIN) ) has shared an update.

Windsor Machines Limited has announced the conversion of 78,18,608 equity warrants into equity shares. The conversion was approved by the Board of Directors and involves an issue price of ₹191.85 per share, raising over ₹112 crore. This conversion increases the company’s equity share capital and reflects a strategic move to bolster its financial position, potentially impacting its market standing and shareholder value.

More about Windsor Machines Limited

YTD Price Performance: -30.89%

Average Trading Volume: 42,509

Current Market Cap: 15.99B INR

See more insights into WINDMACHIN stock on TipRanks’ Stock Analysis page.

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