WS Industries
72.47
+0.27(+0.37%)
Market Cap₹549.77 Cr
PE Ratio-268.85
IndustryConstruction
Company Performance:
1D+0.37%
1M+5.49%
6M-3.55%
1Y-0.69%
5Y+913.57%
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More news about WS Industries
24Feb 26
W.S. Industries Discloses GST Penalty Orders Worth ₹1.82 Lakh for Alleged ITC Violations
W.S. Industries (India) Limited disclosed GST penalty orders totaling ₹1.82 lakh for alleged ineligible Input Tax Credit claims across five financial years (2019-24). The orders from Chennai's State Tax Officer also include ₹1.82 lakh in tax liability and ₹9.63 lakh in interest. While individual penalties fall below SEBI's ₹1 lakh mandatory disclosure threshold, the company voluntarily disclosed on a consolidated basis for transparency. The company can reduce penalties by 50% if tax and interest are paid within 30 days, and states there is no material impact on operations.
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15Feb 26
WS Industries Files Fund Utilization Statement for Q3 FY26 Under SEBI Regulation 32
W.S. Industries (India) Limited filed its Q3 FY26 fund utilization statement covering three preferential issues from July and October 2025. The company utilized Rs.5.70 crores in the previous quarter and is seeking to extend the fund utilization timeline to October 31, 2027, subject to shareholder approval at an extraordinary general meeting on February 20, 2026. The statement has been reviewed by the Audit Committee and approved by the Board of Directors.
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14Feb 26
WS Industries Approves Rs. 18.25 Crore Securities Redemption and Q3 FY26 Results
WS Industries board approved redemption of Rs. 9.25 crore preference shares and Rs. 9.00 crore debentures held by Trala Electromech Systems Private Limited, subject to shareholder approval on 20th February 2026. The company reported Q3 FY26 standalone revenue of Rs. 20.57 crore with a net loss of Rs. 2.05 crore, showing improved performance compared to the previous year's loss of Rs. 23.71 crore.
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06Feb 26
W.S. Industries (India) Limited Schedules Board Meeting for February 14, 2025 to Consider Q3 FY26 Financial Results
W.S. Industries (India) Limited has scheduled a board meeting for February 14, 2025, to consider and approve Q3 FY26 unaudited financial results for the quarter and nine months ended December 31, 2025. The meeting, convened under SEBI regulations, will review both standalone and consolidated financial statements. The company has notified BSE and NSE about the meeting and confirmed trading window restrictions until 48 hours after results declaration in compliance with insider trading regulations.
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21Jan 26
W.S. Industries Board Approves Fund Utilisation Revision and Convenes EGM for February 2026
W.S. Industries (India) Limited's board meeting on January 21, 2026, approved revision of fund utilisation from preferential equity and warrant issues, extended timeline for convertible warrant funds, and scheduled the third EGM of FY 2025-26 for February 20, 2026, to seek shareholder approval for these strategic financial decisions.
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02Jan 26
WS Industries Completes Rs 149.43 Crore Preferential Allotment to FPI Investors
WS Industries successfully completed its preferential allotment worth Rs 149.43 crore to Foreign Portfolio Investors on January 2, 2026, following EGM approval in December 2025. The allotment included 99.43 lakh equity shares and 50 lakh convertible warrants to two major FPI investors, with M7 Global Fund and Vikasa India EIF I Fund being the key subscribers, though partial subscription resulted in some securities remaining unallotted.
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26Dec 25
W.S. Industries Promoter S. Aravindan Increases Stake Through Market Purchase
W.S. Industries promoter S. Aravindan has increased his stake in the company by acquiring 24,000 shares through open market purchase on December 23, 2025. His shareholding has risen from 6.93% to 6.97%, with total holdings now at 4,593,018 shares. The promoter also holds 500,000 warrants representing 5.54% of diluted share capital.
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15Dec 25
WS Industries EGM Approves Fund Revision and ₹195 Crore Preferential Issues
WS Industries successfully concluded its EGM with overwhelming shareholder approval for revising ₹245 crore fund utilization and raising ₹195 crore through new preferential issues. The approved measures will support land acquisition, debt repayment, and working capital needs while diluting promoter stake from 59.27% to 46.54%.
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26Aug 25
WSI Ltd Revises Valuation Report for Preferential Issue, Incorporates DCF Method
WS Industries has updated its preferential issue disclosures following NSE guidance. The company now includes the Discounted Cash Flow (DCF) method in its valuation report, resulting in a fair value of ₹71.88 per equity share. Despite this, the minimum price for the preferential issue remains unchanged at ₹80.32, adhering to SEBI ICDR Regulations. The revised valuation incorporates market, asset, and income approaches, with the market approach given the highest weight of 80%. The company, under new management since June 2022, is currently revamping operations in the infrastructure sector.
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23Aug 25
WSI Ltd Revises Preferential Issue Terms and Appoints New Auditors
WS Industries (India) Limited has modified its preferential issue of equity shares and convertible warrants, revising the repayment of outstanding security deposits to Rs.53.70 Crores by March 31, 2025. The company appointed M/s. P. Chandrasekar LLP as new statutory auditors. The board approved director remuneration, MOA alteration, related party transactions, and scheduled the 62nd AGM for September 23, 2025.
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23Aug 25
WSI Ltd Appoints New Auditors, Sets AGM Date, and Approves Key Corporate Actions
WS Industries (India) Limited has appointed M/s. P. Chandrasekar LLP as new Statutory Auditors following a casual vacancy. The company's 62nd AGM is scheduled for September 23, 2025, via video conference. The Board approved director remuneration, plans to alter the Memorandum of Association, considered related party transactions, and approved the Board's Report and AGM notice.
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07Aug 25
WS Industries Reports Q1 FY2026 Results, Approves Preference Share Rollovers, and Faces Auditor Resignation
WS Industries reported a net loss of Rs 15.27 crores for Q1 FY2026, compared to a profit of Rs 6.01 crores in Q1 FY2025. Revenue declined from Rs 71.70 crores to Rs 26.05 crores. The company approved rollovers of preference shares, appointed Mr. P. Raju Iyer as Cost Auditor for FY2025-26, and announced the resignation of M/s. Brahmayya & Co. as statutory auditors. Other financial highlights include increased finance costs and a marginal rise in other income.
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25Jul 25
W.S. Industries Holds EGM to Approve Share Capital Increase and Preferential Allotments
WS Industries (India) Limited conducted its first Extra-Ordinary General Meeting on July 25, 2025, via video conferencing. The meeting focused on three key resolutions: increasing authorized share capital, issuing 1.65 crore equity shares preferentially to non-promoters including FPIs, and issuing 2.75 crore convertible warrants to non-promoters and the promoter group. The EGM was chaired by Mr. J. Sridharan and attended by board members and 40 shareholders. E-voting was implemented for transparency, with results to be announced by July 29, 2025.
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27Jun 25
W S Industries (India) Approves Significant Share and Warrant Issuance
WS Industries' board has approved the issuance of 16.5 million shares at 100 rupees each, potentially raising 1,650 crore rupees. Additionally, they've approved 27.5 million convertible warrants at the same price, which could bring in another 2,750 crore rupees if fully converted. The total potential capital raise amounts to 4,400 crore rupees, signaling a significant move to strengthen the company's financial position.
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11Mar 25
W.S. Industries (India) Expands Land Holdings with ₹46.66 Crore Property Acquisition
W.S. Industries' subsidiary, WSI-P&C Verticals Private Limited, has acquired 54.89 acres of land in Sandavellur Village, Tamil Nadu for ₹46.66 crore. This acquisition, adjacent to their existing 254-acre plot, brings their total land holdings to approximately 400 acres. The property is located in a prime industrial area near major manufacturing facilities and is eligible for multi-use development.
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WS Industries
72.47
+0.27
(+0.37%)
1 Year Returns:-0.69%
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