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| Exchange Disseminated Time | With reference to the earlier announcement dated March 31, 2011 regarding Outcome of Board Meeting held on March 30, 2011, Windsor Machines Ltd has now informed BSE that:
"With reference to point no. 5 of outcome of Board meeting submitted to Stock Exchange, we would like to clarify that as per the Sanctioned Scheme of BIFR the entire share capital of the Company shall be reduced by 60%. After this reduction the existing equity shares of face value of Rs. 10/- each would be of face value of Rs. 4/- each.
Further, as per the Sanctioned Scheme of BIFR, new equity shares of Rs. 4/- face/paid up value would be allotted to the equity share holders of the Company after approval at general meeting and thereafter, the equity shares (after completion of reduction & allotment) would be splitted/ sub-divided from equity shares of face value of Rs. 4/- each to two equity shares of face value of Rs. 2/- each." |
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