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An announcement from W.S. Industries (India) Limited ( (IN:WSI) ) is now available.
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, reflecting partial subscription and a reprioritisation of how these funds will be deployed. The board also cleared an extension of the deadline for using funds raised through preferentially issued convertible warrants and agreed to convene a third extra-ordinary general meeting for the financial year 2025-26 on 20 February 2026 to secure shareholder approval for these changes, signalling active capital structure management and ongoing engagement with investors on funding utilisation plans.
More about W.S. Industries (India) Limited
W.S. Industries (India) Limited operates in India and is listed on both BSE and NSE. The company is engaged in industrial and infrastructure-related businesses, with its registered office in Chennai, Tamil Nadu, and caters to a broad set of stakeholders in the capital markets through equity shares and convertible warrants.
Average Trading Volume: 7,115
Technical Sentiment Signal: Buy
Current Market Cap: 5.43B INR
Find detailed analytics on WSI stock on TipRanks’ Stock Analysis page.