Windsor Machines Limited (BSE:522029) entered into an share purchase agreement to acquire Unitech Workholding Systems Private Limited from Manishbhai Savjibhai Pipaliya, Rohitkumar Jamanbhai Donga, Punitkumar Dhirajlal Koradia, Chetan Bachubhai Makwana and Karsan Arjan Maliya for INR 420 million on November 8, 2025. A cash consideration of INR 170 million will be paid by Windsor Machines Limited. As part of consideration, INR 170 million is paid towards common equity of Unitech Workholding Systems Private Limited.

For the period ending March 31, 2025, Unitech Workholding Systems Private Limited reported total revenue of INR 152.02 million. As of March 31, 2025, Unitech Workholding Systems Private Limited reported total common equity of INR 35.5 million.

The transaction is subject to approval of acquirer shareholder approvals. The issue and allotment of equity shares to the Allottees shall be subject to the receipt of necessary approvals from the statutory authorities, and the Stock Exchanges, etc. The transaction has been approved by acquirer board. Tentative time period for completion of the acquisition is 6 months.