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W. S. Industries (India) informs about approval for proposed preferential issue

15 Nov 2025 Evaluate
W. S. Industries (India) has informed that a meeting of the Board of Directors of the company was held on 14th November 2025, wherein the Board, considered and approved the following items: Approval for variation in utilisation of funds - Approval for variation in the object-wise utilisation of funds raised through preferential issue of equity shares and convertible warrants, (as approved by the special resolutions passed at the Extra-Ordinary General Meeting held on 25th July, 2025), subject to the approval of shareholders in ensuing 2nd ExtraOrdinary General Meeting as mentioned in the Serial No.04 below; Approval for proposed preferential issue - Equity Shares: Approval to issue 1,45,00,000 equity shares of face value of Rs 10 each fully paid-up (Equity Shares) to certain identified Non-Promoters person/entities, including Foreign Portfolio Investors (FPI), on a preferential basis in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 as amended (the SEBI ICDR Regulations), and other applicable laws, at a price of Rs.100 per Equity Share, subjected to compliance with the minimum issue price calculated in accordance with Regulation 164(1) of Chapter V for Preferential Issue under SEBI ICDR Regulations, subject to the approval of regulatory/ statutory authorities and the shareholders of the Company.

The above information is a part of company’s filings submitted to BSE.

W.S. Industries Share Price

72.30 -1.73 (-2.34%)
06-May-2026 16:59 View Price Chart
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