Windsor Machines Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting
26-05-2025 | 03:04 pm
26-05-2025 | 03:04 pm
Windsor Machines reported a consolidated net loss of Rs. 4.21 Cr for the quarter and half-year. The company completed its acquisition of Global CNC Pvt Ltd, recognizing goodwill of Rs. 313.35 Cr. It exited its 44.7% stake in RCube Energy Storage Systems, booking exceptional income of Rs. 0.33 Cr. The board approved judicial liquidation of its 100% Italian subsidiary, Wintal Machines SRL. A one-time settlement on inter-corporate loans and capital advances brought upfront cash. Key audits and statutory appointments were finalized for the next five years.
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