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W.S. Industries (India) Limited ( (IN:WSI) ) has shared an announcement.
W.S. Industries (India) Limited’s board has approved a revision and rearrangement in the utilisation of funds raised via a preferential issue of equity shares and convertible warrants, following partial subscription and a reprioritisation of deployment needs. The board also approved an extension of the timeline for using funds raised through a preferential issue of convertible warrants and agreed to convene a third Extra-Ordinary General Meeting for FY 2025-26 on 20 February 2026 via video conferencing to seek shareholder approval for these funding-related changes, underscoring ongoing adjustments in the company’s capital deployment strategy.
More about W.S. Industries (India) Limited
W.S. Industries (India) Limited is an Indian company listed on the BSE and NSE, operating in the industrial and infrastructure space. The company raises capital through equity shares and convertible warrants to fund its business initiatives and growth plans in its chosen markets.
Average Trading Volume: 7,115
Technical Sentiment Signal: Buy
Current Market Cap: 5.43B INR
Learn more about WSI stock on TipRanks’ Stock Analysis page.