WS Industries promoter Dhanu Adhav Arvindan buys 1,180 shares

WS Industries (India) Limited promoter Dhanu Adhav Arvindan acquired 1,180 equity shares in the company through the open market on August 17, 2026. The transaction brings his total direct equity holding to 13,180 shares, representing 0.017% of the company’s total voting capital.

The acquisition is part of a broader holding that includes significant convertible securities. Alongside the new equity purchase, Arvindan holds 10,00,000 warrants or convertible securities, which entitle him to receive shares carrying voting rights. These instruments account for 0.98% of the total diluted share/voting capital of the target company.

Acquisition Details

The transaction was disclosed pursuant to Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing, dated August 19, 2026, provides a breakdown of the holdings before and after the acquisition.

Metric	Before Acquisition	After Acquisition
Equity Shares Held	12,000	13,180
% of Voting Capital	0.015%	0.017%
Warrants/Convertibles	10,00,000	10,00,000
% of Diluted Capital	0.98%	0.98%
Total Instruments	10,12,000	10,13,180

Arvindan’s total interest, combining equity shares and convertible instruments, stands at 10,13,180 units post-acquisition. This represents 0.017% of the total voting capital and 0.98% of the diluted voting capital.

Capital Structure Context

WS Industries (India) Limited has an equity share capital of ₹75,89,53,180, divided into 7,58,95,318 equity shares of ₹10 each. The total diluted share/voting capital, assuming full conversion of outstanding convertible securities and warrants, is ₹1,03,39,53,180, divided into 10,33,95,318 diluted shares of ₹10 each.

The disclosure confirms that none of the acquired or held shares are encumbered by pledges, liens, or non-disposal undertakings. The mode of acquisition was strictly through the open market, with no involvement of public issues, rights issues, or preferential allotments in this specific transaction.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.12%	+5.59%	-3.73%	-19.05%	-28.12%	+973.39%

WS Industries (India) Limited disclosed that co-promoter S. Aravindan acquired 17,638 equity shares in the open market on August 17, 2026. The transaction, notified to stock exchanges under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, resulted in a marginal increase in his stake.

The acquisition raised Aravindan's holding in shares carrying voting rights from 46,24,318 (6.093%) to 46,41,956 (6.116%). His overall interest, including convertible securities, stands at 51,41,956 instruments, representing 6.116% of the total share capital and 4.96% of the diluted share capital.

Acquisition details

The transaction involved only equity shares, with no change in pledged stakes or other voting rights instruments. The company's total equity share capital remains at ₹75,89,53,180, divided into 7,58,95,318 equity shares of ₹10 each.

Metric	Before acquisition	Acquired/Sold	After acquisition
Shares carrying voting rights	46,24,318	17,638	46,41,956
Stake (% of total share capital)	6.093%	0.023%	6.116%
Warrants/Convertible securities	5,00,000	Nil	5,00,000
Total diluted stake (%)	4.96%	Nil	4.96%

What the numbers show

Aravindan's holding in warrants remains constant at 5,00,000, which constitutes approximately 9.7% of his total instrument holdings (51,41,956). This indicates that while he is adding to his direct equity exposure through open market purchases, his potential future voting power from convertible instruments has not changed during this period.