Plutus Investment Acquires 53.09% Stake in Windsor Machines for INR 350 Crore

1) Maxposure Limited

• Business Overview – Maxposure Limited offers 360-degree services across multiple content distribution platforms; with focus on the travel-aviation sector. The company offers comprehensive solutions through its four business divisions: Inflight Entertainment, Content Marketing, Technology, and Advertising.
• Recent Filings -The Company wins the project to execute the branding solutions for two new F&B spaces for The Oberoi Resorts and Spa, Gurgaon. This significant contract increases revenue projections and could strengthen investor confidence. Securing this contract demonstrates the company’s growing capabilities and competitiveness in a field typically dominated by large multinational agencies with deep roots in brand storytelling and strategy. Moreover, this development may signify the changing expectations of clients in India and could expand the client base, resulting in higher revenue growth if the project is executed carefully and meets client expectations.
• Outlook –
  • Company has won the RFP for Maharashtra Tourism Social Media, and it plans to activate the same in the coming year.
  • Company plans to start offering inflight entertainment services to airlines outside India.
  • Company believes that service innovation will be a key factor going forward and continued investment in technology and innovation will help to take advantage of any future opportunities.
• Price Chart since listing –

2) Swaraj Suiting Limited

• Business Overview – Swaraj Suiting Ltd. is a composite textile manufacturing company, with a primary focus on textile manufacturing (Denim & Cotton Fabrics) and trading. The company is engaged in Yarn Dyeing, Weaving, Processing, Finishing of Fabric and Development of Denim Fabric.
• Recent Filings – Company has confirmed the allotment of 1,79,000 equity shares of face value of Rs. 10/- each by the conversion of warrants into equity shares at a premium of Rs. 36.16 /- per equity share. Post the allotment of equity shares, the equity paid-up share capital of the Company has increased from Rs.18,54,82,600 to Rs.18,72,72,600. Warrants had been allotted on 17^th July 2023 at Rs.46.16 (out of which Rs.11.54 per warrant was paid at the time of issuance of the warrants), after which the price stands at Rs. 285.00 as of today, increasing by 517.4%.
• Outlook –
  • Company is expecting to sustain margins and profitability through cost-effective measures by targeting 30-40% revenue from exports.
  • Company is also entering non-denim segment with capacity of 1.8 Cr metres per annum and plans on increasing denim fabric capacity to 2.52 Cr metres per annum.
  • Integrating cotton spinning to enhance control over raw material sourcing.
• 2Y Price Chart –

3) Windsor Machines Limited

• Business Overview – Windsor Machines Limited is one of the few companies in India that meets the diverse needs of the plastic processing industry across multiple countries. The company specializes in manufacturing cutting-edge machinery for injection molding, pipe extrusion, and blown films, all under one roof, utilizing the latest technology and innovative product.
• Recent Filings – Plutus Investment and holding Private Ltd. agreed to acquire From M/s Castle Equipments Private Ltd., the promoter of the company, its entire shareholding, 3.5 Cr equity shares, representing 53.09% of the paid-up capital of the company, at INR 100 per equity share, amounting to a total consideration of INR 350 cr. The ownership change may lead to strategic shifts affecting operations, market strategy, and investor sentiment. While this transition presents growth opportunities, it also carries risks related to management integration and stakeholder response, requiring close monitoring of company performance and market impact.
• Outlook –
  • Management anticipates increasing market share through new product launches and expanding geographical coverage to additional regions.
  • India has signed free-trade agreements with the UAE and Australia, creating new opportunities for the plastics industry.
• 1Y Price Chart –

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