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Windsor Machines LimitedOthers, 06-08-2025: Monitoring Agency Report

06-08-2025 | 03:50 pm

Windsor Machines' Monitoring Agency Report from ICRA Limited confirms that proceeds from its 725.00 Cr preferential issue are being utilized as intended, with no deviations. Out of the 462.50 Cr received so far, due to partial warrant payments, 440.46 Cr has been deployed. Funds were primarily used for the Global CNC Private Limited acquisition (342.77 Cr), along with Capex and working capital needs. The remaining 22.04 Cr is held in the share application account. All planned projects are on schedule, providing investors transparency on fund usage and the company's operational progress.

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