Windsor Machines has recently informed exchanges that the company has entered into a Share Purchase Agreement for the acquisition of 100% equity share capital of Global CNC Private Limited.
Key Details of the Acquisition:
- Target Company: Global CNC Private Limited (GCPL)
- Industry: CNC machine manufacturing, specializing in advanced, precision engineering solutions for automated production.
- Turnover & Net Worth: GCPL reported a turnover of Rs. 162 crore and a net worth of Rs. 17 crore for the fiscal year ending March 31, 2024.
- Acquisition Structure: The shares will be acquired based on the valuation report, with the total cost for acquiring 100% of the equity shares estimated at Rs. 343.11 crore.
TOPICS:
Windsor Machines