W.S. Industries Promoter S. Aravindan Increases Stake Through Market Purchase

W.S. Industries (India) Limited has reported a change in its promoter shareholding. According to a recent regulatory disclosure, promoter S. Aravindan has increased his stake in the company through an open market purchase on December 23, 2025.

Key Details of the Transaction

Aspect:	Details
Promoter Name:	S. Aravindan
Transaction Date:	December 23, 2025
Shares Acquired:	24,000
Mode of Acquisition:	Open Market Purchase
Pre-transaction Shareholding:	4,569,018 shares (6.93%)
Post-transaction Shareholding:	4,593,018 shares (6.97%)
Increase in Shareholding:	0.04%

Impact on Shareholding Structure

The acquisition has resulted in a marginal increase in S. Aravindan's stake in W.S. Industries (India) Limited. Following this transaction, his total shareholding now stands at 4,593,018 shares, representing 6.97% of the company's equity share capital.

Company Share Capital Details

Particular:	Details
Equity Share Capital:	₹65.92 crores
Number of Equity Shares:	65,918,749
Face Value per Share:	₹10.00
Total Diluted Share Capital:	₹90.32 crores
Diluted Shares:	90,318,415

Additional Holdings

Apart from equity shares, S. Aravindan also holds 500,000 warrants/convertible securities that entitle him to receive shares carrying voting rights in the company, representing 5.54% of the total diluted share capital.

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 BSE Limited and National Stock Exchange of India Limited about this change in promoter shareholding.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.59%	+4.02%	+17.20%	-7.67%	-17.79%	+2,150.75%

WS Industries (India) Limited successfully concluded its 24th Extraordinary General Meeting (EGM) on December 12, 2025, with shareholders overwhelmingly approving all proposed resolutions related to fund utilization revision and new preferential issues worth ₹195.00 crore.

EGM Voting Results

The EGM was conducted through video conferencing via NSDL platform at 2:30 PM IST, with 51 members representing 4,04,21,457 shares participating in the e-voting process. All three special resolutions were passed with requisite three-fourths majority, receiving 99.99% support from shareholders.

Resolution	Votes in Favor	Votes Against	Support %
Fund Utilization Revision	4,04,19,477	1,980	99.99%
Equity Shares Issue	4,04,20,427	1,030	99.99%
Convertible Warrants Issue	4,04,20,427	1,030	99.99%

Approved Fund Utilization Revision

Shareholders approved the modification of ₹245.00 crore raised through the previous preferential issue, comprising ₹20.00 crore from equity shares and ₹225.00 crore from convertible warrants. The revised allocation optimizes deployment for business expansion and project execution.

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 Approved

The company received approval for two new preferential issues totaling ₹195.00 crore, targeted at non-promoter entities including Foreign Portfolio Investors.

Issue Type	Quantity	Price per Unit	Total Amount
Equity Shares	1,45,00,000	₹100	₹145.00 crore
Convertible Warrants	50,00,000	₹100	₹50.00 crore

Shareholding Impact

The preferential issues will result in significant shareholding changes, with the promoter group's stake decreasing from 59.27% to 46.54%, while public shareholding will increase from 40.73% to 53.46%. Key allottees include M7 Global Fund PCC - Cell Dewcap Fund (8.65% post-issue stake) and Vikasa India EIF I Fund (9.11% post-issue stake).

Regulatory Compliance

M/s. Lakshmmi Subranian Associates served as scrutinizers for the e-voting process, ensuring fair and transparent conduct. The company has appointed M/s. India Ratings and Research Pvt. Ltd as monitoring agency to oversee fund utilization, complying with SEBI regulations for issues exceeding ₹100.00 crore. The proceeds will support land acquisition, redemption of preference shares, working capital requirements, and general corporate purposes.