WINDMACHIN

WINDSOR MACHINES TO SELL THANE INDUSTRIAL PLOTS FOR ₹162 CRORE 🏭💰 • 📝 Company signed MOU with Allerindia Developers LLP for sale of industrial plots at Wagle Thane Industrial Area, Maharashtra • 📍 Sale includes plots E-6 & E-6(A) along with existing building structures spread across 21,912 sq. meters • 💵 Total consideration stands at ₹162 crore, to be received in multiple tranches • ⏳ Expected completion timeline for transaction is around 6 months • 🏗️ Company said Thane plant is non-operational and proceeds will be utilized for Rajkot plant expansion, working capital and general corporate purposes • 🤝 Transaction is not a related party deal and is outside any scheme of arrangement • 📈 Sale value based on prevailing market prices in the area 🟢 Impact: Positive (Asset monetisation to unlock value, strengthen liquidity and support expansion plans)