W.S. Industries (India) Limited conducted its 63rd Annual General Meeting on September 22, 2026. The meeting was held virtually through Video Conferencing and Other Audio-Visual Means via the NSDL platform, complying with SEBI and Companies Act regulations.

Key resolutions passed

Members adopted the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The Board's report and auditor's reports were taken as read, as they contained no qualifications or adverse remarks requiring specific reading.

The meeting addressed several governance matters:

• Director Re-appointment: Mr. Chinniampalayam Kulandaisamy Venkatachalam was re-appointed as a Director liable to retire by rotation.
• New Independent Director: Mr. Joyjeet Bose was appointed as an Independent Director.
• Remuneration Approvals: Special resolutions approved remuneration for Executive Chairman Mr. Seyyadurai Nagarajan, Managing Director Mr. C.K. Venkatachalam, Joint Managing Director Mr. S. Anandavadivel, and Whole-Time Director Mr. K.V. Prakash.
• Non-Executive Directors: Remuneration for existing Non-Executive Independent Directors was also approved.

Related party transactions

Shareholders approved material related party transactions involving contracts, sub-contracts, investments, deposits, and infrastructure projects. These transactions involved entities including CMK Projects Private Limited, V. Sathyamoorthy & Co., Trineva Infra Projects Private Limited, Renaatus Projects Private Limited, Renaatus Procon Private Limited, Savidhaanu Centering Works, and Aura Power Private Limited. Borrowings from certain promoter-directors and affiliated entities were also ratified.

Governance changes and attendance

The meeting noted the resignation of Ms. Rajendran Stella Isabella as Additional Director effective September 4, 2026. Consequently, the proposal for her appointment as an Independent Director was withdrawn as it became infructuous.

Attendance Summary

Directors present included Managing Director C.K. Venkatachalam, Whole-Time Director K.V. Prakash, and Independent Directors J. Sridharan, R. Karthik, Suguna Raghavan, Revathi Raghunathan, and Joyjeet Bose. Executive Chairman S. Nagarajan was unable to attend. Mr. J. Sridharan presided over the meeting in the absence of the Chairman.

Voting results scrutinized by M/s. Lakshmi Subramanian & Associates were scheduled for submission to stock exchanges by September 24, 2026.

Promoter S. Aravindan acquired 15,341 equity shares of WS Industries (India) Limited through open market transactions on September 16 and 17, 2026.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Holding Details

Prior to the transaction, S. Aravindan held 47,16,491 shares carrying voting rights, representing 6.2145% of the total share capital. He also held 5,00,000 warrants/convertible securities, accounting for 5.0452% of the diluted voting capital.

Following the acquisition, his equity shareholding increased to 47,31,832 shares, or 6.2347% of the total voting capital. The warrant holdings remained unchanged at 5,00,000, representing 5.0600% of the diluted capital.

The company’s total equity share capital stands at ₹75,89,53,180, divided into 7,58,95,318 equity shares of ₹10 each. The total diluted share capital is ₹1,03,39,53,180, comprising 10,33,95,318 diluted shares.