Windsor Machines Limited announced a private placement to issue 11,727,910 shares at an issue price of INR 191.85 per share for the gross proceeds of INR 2,249,999,533.5 and 26,062,027 warrants at an issue price of INR 47.9625 for the gross proceeds of INR 1,249,999,969.9875; aggregate gross proceeds of INR 3,499,999,503.4875 on November 14, 2024. The transaction will include participation from new investors Vinit Bediya 10,424,811 warrants, Ramesh Keshubhai Siyani 7,818,608 warrants, Hitendrabhai Patel 5,863,956 warrants, Dharmendra Varsada 1,954,652 warrants and Madhusudan Kela 6,515,506 shares, Ramesh Keshubhai Siyani 2,606,202 shares, Mithun Sacheti 1,303,101 shares and Siddhartha Sacheti 1,303,101 shares. The transaction has been approved by shareholders and is subject to general shareholders of company to be held on December 6, 2024.