Winro Commercial India Ltd — Updates, 24-06-2025: Company Update

WINRO COMMERCIAL (INDIA) LTD.

________________________________________________________________

Regd.Off.:209-210,

Arcadia Building,

2nd Floor, 195,

Nariman

Point,

Mumbai-

400

021.

Tel

:

40198600

Fax:

40198650 E-mail

:winro.investor@gcvl.in,

Web:www.winrocommercial.com

CIN

:L51226MH1983PLC165499

___________________________________________________________________________________

Date: 24.06.2025

To,

Corporate Relationship Department,

BSE Limited

P.J. Towers, 25th Floor,

Dalal Street, Mumbai - 400 001

Ref: BSE- Scrip code: 512022

Dear Sir / Madam,

Sub: Intimation under Regulation 30 read with Schedule III of the Securities and Exchange Board of

India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 30 read with Schedule III Part A Para A (1) of Securities and Exchange Board of

India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that

Winro Commercial (India) Limited (‘the Company’’) as an Anchor Investor has agreed to make an

investment of 10,13,500 Equity Shares at a price of Rs. 740/- per share by way of subscription in the

Anchor category in the Initial Public Offer (IPO) of Equity Shares of the HDB Financial Services Limited.

The Company has made the payment for the aforesaid investment of equity shares today i.e. 24th

June, 2025 at 10.50 a.m. and the Company is awaiting for the confirmation of allocation of the said

shares.

The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-

1/P/CIR/2023/123 dated 13th July, 2023 are enclosed as Annexure - A.

Kindly take the same on your records and oblige.

Yours faithfully

For Winro Commercial (India) Limited

Jitendra Parihar

Company Secretary & Compliance Officer

Membership No.: A40734

Encl: a.a.

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WINRO COMMERCIAL (INDIA) LTD.

________________________________________________________________

Regd.Off.:209-210,

Arcadia Building,

2nd Floor, 195,

Nariman

Point,

Mumbai-

400

021.

Tel

:

40198600

Fax:

40198650 E-mail

:winro.investor@gcvl.in,

Web:www.winrocommercial.com

CIN

:L51226MH1983PLC165499

___________________________________________________________________________________

Annexure - A

Name of the target entity, details in brief

such as size, turnover etc.;

HDB Financial Services Limited (HDBFSL)

Authorised Capital: Rs. 10,01,55,00,000/-

Existing Paid Up Capital: Rs. 7,95,78,29,450/-

Net worth: Rs. 14,936.50 Crores (as on 31.03.2025)

Turnover: Rs. 16,300.28 Crores (for the year ended

31.03.2025)

Whether the acquisition would fall within

related party transaction(s) and whether

the promoter/ promoter group/ group

Companies have any interest in the entity

being acquired. If yes, nature of interest

and details thereof and whether the same

is done at “arm’s length”;

No

Industry to which the entity being

acquired belongs;

Non-Banking Finance Company (“NBFC”).

HDBFSL is engaged in the business of lending services

and business process outsourcing services. The

Company also provides services related to the

marketing and promotion of various financial products.

Objects and impact of acquisition

(including but not limited to, disclosure of

reasons for acquisition of target entity, if

its business is outside the main line of

business of the listed entity);

Winro Commercial (India) Limited is a NBFC Company

engaged in the business of Investment in shares &

securities. Thus in its normal course of business the

Company is investing in the target Company as a

Financial Investor.

The total cost of the proposed investment in equity

shares of HDBFSL will exceed the threshold specified in

Regulation 30(4)(i)(c)(2) of SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015 i.e. 2% of

net worth, as per the last audited consolidated financial

statements of the Company.

Brief details of any governmental or

regulatory approvals required for the

acquisition;

Not Applicable.

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WINRO COMMERCIAL (INDIA) LTD.

________________________________________________________________

Regd.Off.:209-210,

Arcadia Building,

2nd Floor, 195,

Nariman

Point,

Mumbai-

400

021.

Tel

:

40198600

Fax:

40198650 E-mail

:winro.investor@gcvl.in,

Web:www.winrocommercial.com

CIN

:L51226MH1983PLC165499

___________________________________________________________________________________

Indicative time period for completion of

the acquisition;

On or before 30th June, 2025.

Consideration - whether cash

consideration or share swap or any other

form and details of the same;

Cash.

Cost of acquisition and/or the price at

which the shares are acquired;

Cost of Acquisition: Rs. 74,99,90,000/- (Rupees Seventy

Four Crore Ninety Nine Lacs Ninety Thousand Only)

Price of Acquisition: Rs. 740/- per shares

Percentage of shareholding / control

acquired and / or number of shares

acquired;

No of Shares Acquired – 10,13,500 Equity Shares

Percentage Acquired – 0.12% of Post Issue Capital

Brief background about the entity

acquired in terms of products/line of

business acquired, date of incorporation,

history of last 3 years turnover, country in

which the acquired entity has presence

and any other significant information (in

brief);

Date of Incorporation: 04.06.2007

Line of Business: HDBFSL is a Non-Banking Finance

Company (NBFC). The Company is engaged in the

business of lending services and business process

outsourcing services. The Company also provides

services related to the marketing and promotion of

various financial products.

HDBFSL is a subsidiary of HDFC Bank Ltd. and has

launched an IPO with an issue size of Rs. 12,500 crore.

As part of the IPO process, Winro Commercial (India)

Limited is participating as an anchor investor.

Turnover:

2024-2025 : Rs. 16,300.28 Crores

2023-2024 : Rs. 14,171.13 Crores

2022-2023 : Rs. 12,402.88 Crores

Country in which the acquired entity has presence:

India

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