W.S. Industries (India) Limited announced the outcome of its Board Meeting held on January 21, 2026. The board approved a proposal for the revision and rearrangement in the utilization of funds raised through a preferential issue of equity shares and convertible warrants. This decision follows the shareholders' approval at the 2nd Extra-ordinary General Meeting (EGM) of FY 2025-26, held on December 12, 2025, and is consequent upon the partial subscription of equity shares and reprioritized deployment of funds. Furthermore, the board approved an extension of the timeline for the utilization of funds raised through the preferential issue of convertible warrants, which was initially approved by shareholders at the Extra-ordinary General Meeting held on May 2, 2024. In connection with these matters, the board also approved the issuance of a Notice for convening the 3rd Extra-Ordinary General Meeting of the Company for FY 2025-26. This EGM is scheduled to be held on Friday, February 20, 2026, at 2:30 PM via video conferencing or other audio-visual means, to seek shareholders’ approval for the revised fund utilization and related incidental matters. The Board Meeting commenced at 12:30 hours and concluded at 12:47 hours.
