W.S. Industries Promoter S. Aravindan Boosts Stake Through Open Market Purchase

1 min read Updated on 09 Dec 2025, 02:34 PM

Reviewed by

Naman SScanX News Team

Overview

S. Aravindan, a promoter of WS Industries (India) Limited, has increased his stake in the company through an open market purchase. On December 8, 2025, he acquired 13,000 shares, raising his shareholding from 4,556,018 shares (6.91%) to 4,569,018 shares (6.93%). This represents a 0.02% increase in his stake. The company's total equity share capital is Rs. 659,187,490, consisting of 65,918,749 shares with a face value of Rs. 10 each.

*this image is generated using AI for illustrative purposes only.

WS Industries (India) Limited has reported a change in its promoter shareholding. According to a recent disclosure, promoter S. Aravindan has increased his stake in the company through an open market purchase.

Key Details of the Transaction

Aspect	Details
Promoter Name	S. Aravindan
Transaction Date	December 8, 2025
Shares Acquired	13,000
Mode of Acquisition	Open Market Purchase
Pre-transaction Shareholding	4,556,018 shares (6.91%)
Post-transaction Shareholding	4,569,018 shares (6.93%)
Increase in Shareholding	0.02%

Impact on Shareholding Structure

The acquisition has resulted in a marginal increase in S. Aravindan's stake in WS Industries (India) Limited. Following this transaction, his total shareholding now stands at 4,569,018 shares, representing 6.93% of the company's equity share capital.

Company Share Capital Details

Particular	Details
Equity Share Capital	Rs. 659,187,490
Number of Equity Shares	65,918,749
Face Value per Share	Rs. 10

Regulatory Compliance

This disclosure has been made in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has duly informed the stock exchanges about this change in promoter shareholding.

Historical Stock Returns for WS Industries

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.87%	-2.65%	-4.12%	-0.45%	-39.59%	+1,859.22%

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W.S. Industries Calls EGM to Revise Fund Utilization and Approve Fresh Preferential Issues

2 min read Updated on 19 Nov 2025, 03:30 PM

Reviewed by

Radhika SScanX News Team

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Overview

WS Industries schedules an EGM on December 12, 2025, to seek approval for revising the utilization of ₹245 crore from a previous preferential issue and to raise ₹195 crore through new preferential issues. The revised fund allocation focuses on land acquisition, debt repayment, and working capital. New issues include 1.45 crore equity shares and 50 lakh convertible warrants at ₹100 each, primarily for non-promoter entities. Post-issue, promoter stake may decrease to 46.54% from 59.27%. The company has appointed a monitoring agency for fund utilization oversight.

*this image is generated using AI for illustrative purposes only.

WS Industries (India) Limited has scheduled an Extraordinary General Meeting (EGM) on December 12, 2025, to seek shareholder approval for significant financial decisions, including the revision of previously raised funds and new preferential issues.

Revision of Fund Utilization

The company plans to modify the utilization of ₹245.00 crore raised through a preferential issue approved at the previous EGM on July 25, 2025. This amount includes ₹20.00 crore from equity shares and ₹225.00 crore from convertible warrants. The revised plan aims to optimize deployment for business expansion, project execution, and repayment obligations.

Key changes in fund allocation include:

Purpose	Amount (₹ Crore)	Percentage	Timeline
Land Acquisition and Development	160.00	65.31%	March 31, 2028
Repayment of Outstanding Security Deposits	53.70	21.92%	March 31, 2028
Working Capital Requirements	16.00	6.53%	March 31, 2028
General Corporate Purposes	15.30	6.24%	March 31, 2028

New Preferential Issues

WS Industries also seeks approval for two new preferential issues:

Issue of 1,45,00,000 equity shares at ₹100 per share, aggregating to ₹145.00 crore.
Issue of 50,00,000 convertible warrants at ₹100 per warrant, totaling ₹50.00 crore.

These issues are primarily targeted at non-promoter entities, including Foreign Portfolio Investors (FPIs) such as M7 Global Fund PCC - Cell Dewcap Fund and Vikasa India EIF I Fund.

Proposed Allottees and Their Stakes

Post-issue, the proposed allottees' stakes are expected to be:

Allottee	Post-Preferential Stake
M7 Global Fund PCC - Cell Dewcap Fund	8.65%
Vikasa India EIF I Fund	9.11%

Use of New Funds

The proceeds from these new issues are intended for:

Acquisition and development of land
Redemption of preference shares and partial redemption of non-convertible debentures
Working capital requirements
General corporate purposes

Impact on Shareholding

The preferential issues will lead to a dilution of existing shareholdings. The promoter group's stake is expected to decrease from 59.27% to 46.54%, while public shareholding will increase from 40.73% to 53.46%.

Regulatory Compliance

The company has appointed a monitoring agency, M/s. India Ratings and Research Pvt. Ltd, to oversee the utilization of funds, as required by SEBI regulations for issues exceeding ₹100.00 crore.

Shareholders will vote on these proposals at the upcoming EGM. The company states that these measures are aimed at supporting its growth initiatives and improving its financial position.

Historical Stock Returns for WS Industries