W.S. Industries (India) Limited held its 63rd Annual General Meeting on September 22, 2026, at 2:30 pm through Video Conferencing via the NSDL platform. All resolutions placed before members were duly passed with the requisite majority.

The company submitted its voting results and scrutinizer's report to the stock exchanges on September 23, 2026, in accordance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Rule 20 of the Companies (Management and Administration) Rules, 2014. M/s. Lakshmi Subramanian & Associates, Practising Company Secretaries, served as the scrutinizer. The AGM concluded at 3:19 pm, with e-voting available for a further 15 minutes until 3:34 pm. Remote e-voting was open from September 19, 2026 at 9:00 am to September 21, 2026 at 5:00 pm.

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. The following governance resolutions were also transacted:

• 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.

E-voting results summary

The detailed voting outcomes across all resolutions are set out below.

Related party transactions

Shareholders approved material related party transactions involving contracts, sub-contracts, investment arrangements including deposits, and infrastructure and construction 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 promoter-directors and affiliated entities were also ratified.

Governance changes and attendance

Item No. 3 of the original AGM notice, relating to the appointment of Ms. Rajendran Stella Isabella as an Independent Director, was withdrawn pursuant to a corrigendum dated September 4, 2026, following her resignation as Additional Director effective the same date. The item was not placed before members for consideration or voting. Notwithstanding the withdrawal, certain votes were recorded in the e-voting system for Item No. 3, aggregating to 25,054 shares across 3 members. These records were excluded in their entirety from the voting results, as the item had been withdrawn and was not a business placed before members.

The meeting was attended by 48 equity shareholders in total, comprising 9 from the promoter group and 39 public shareholders. 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, and Mr. J. Sridharan presided over the meeting in the absence of the Chairman.

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.