W. S. Industries (India) Ltd

Target and disclosure

• Target Company: W.S. Industries (India) Limited.
• Disclosing Party: S. Aravindan, promoter group.

Transaction details

• Acquisition: 29,300 voting shares (0.038%).
• Mode: Open Market; Dates: 20 & 21 August 2026.

Pre-Transaction holding

• Voting rights before: 46,41,956 shares (6.116%).
• Encumbrances before: Nil.
• Warrants before: 5,00,000 (4.96% diluted).

Post-Transaction holding

• Voting rights after: 46,71,256 shares (6.154%).
• Warrants after: 5,00,000 (4.96% diluted).
• Total post holding: 51,71,256 shares (6.154%).
• Post-diluted capital: 10,33,95,318 diluted shares; Rs 1,03,39,53,180.

Capital context

• Equity capital before: Rs 75,89,53,180; 7,58,95,318 shares.
• Equity capital after: Rs 75,89,53,180; 7,58,95,318 shares.
• Diluted capital after: Rs 1,03,39,53,180; 10,33,95,318 diluted shares.

Acquisition details

• Target Company: W.S. Industries (India) Limited.
• Disclosing Party: Mamatha P, promoter group.
• Transaction Type: Acquisition of equity shares by promoter, via Open Market.
• Pre-transaction holding: voting rights 1,68,445; encumbrances 8,42,853; total 10,11,298 (1.332%).
• Acquired: 9,490 voting rights (0.012%).
• Mode: Open Market; Dates: 20-21 August 2026.
• Post-transaction holding: voting rights 10,20,788; 1.344%; diluted 0.96%.
• Capital context: pre/post equity capital Rs. 75,89,53,180; 7,58,95,318 shares.
• Diluted post-capital: Rs. 1,03,39,53,180; 10,33,95,318 diluted shares.

Encumbrance creation

• On 20-08-2026, pledge on 2,00,000 shares (0.26%) of W.S. Industries to Mrs Aparna Ramesh.
• Promoter K V Prakash pledged the shares for securing a personal loan.
• Pre-encumbrance promoter holding Nil; post-encumbrance holding 2,00,000 shares (0.26%).

Issuer and promoter

• Target: W.S. Industries Limited.
• Acquirer: S. Anandavadivel (Promoter group).

Transaction details

• Acquisition type: equity shares and warrants entitling voting rights.
• Mode: Open Market; dates: 17–18 August 2026.
• Pre-holding: 46,39,297 voting shares; 6.112%.
• Encumbrances: Nil.
• Acquired: 10,027 shares (0.013%).
• Warrants acquired: 5,00,000; 4.96% diluted.
• Post-holding: 46,49,324 voting shares; 6.125%.
• Total diluted holding: 51,49,324; 4.96%.

Capital context

• Equity capital before: Rs 75,89,53,180; 7,58,95,318 shares.
• Equity capital after: Rs 75,89,53,180; 7,58,95,318 shares.
• Total diluted capital after: Rs 1,03,39,53,180; 10,33,95,318 diluted shares.

Acquisition Details

• Target Company: W.S. Industries (India) Limited.
• Disclosing party: Mamatha P, promoter group.
• Transaction type: Acquisition of equity shares.
• Pre-transaction holding: 9,91,298 shares (1.306%).
• Shares acquired: 20,000 (0.026%), Open Market.
• Post-transaction holding: 10,11,298 shares (1.332%).
• Date(s): 18 August 2026 and 19 August 2026.
• Mode: Open Market.
• Encumbrances: Nil.
• Equity capital before: Rs 75,89,53,180, 7,58,95,318 shares.
• Equity capital after: Rs 75,89,53,180, 7,58,95,318 shares.
• Total diluted capital after: Rs 1,03,39,53,180, 10,33,95,318 diluted shares.

Acquisition details

• Target Company: W.S. Industries (India) Limited.
• Disclosing Party: Dhanu Adhav Arvindan, promoter group.
• Transaction Type: Acquisition of voting shares and warrants via open market.
• Pre-Transaction Holding: 12,000 voting shares (0.015%); 10,00,000 warrants.
• Acquired: 1,180 voting shares (0.001%) on 17 August 2026.
• Post-Transaction Holdings: 13,180 voting shares (0.017%); 10,00,000 warrants.
• Post-diluted stake: 0.98%.
• Capital context: before and after—Rs 75,89,53,180; 7,58,95,318 equity shares.
• Diluted capital after: Rs 1,03,39,53,180 with 10,33,95,318 diluted shares.

Acquisition overview

• Target Company: W.S. Industries (India) Limited.
• Disclosing Party: S. Aravindan (Promoter); promoter group: Yes.
• Transaction Type: Acquisition of equity shares.
• Pre-transaction voting rights: 46,24,318 shares (6.093%).
• Pre-transaction encumbrances: Nil.
• Pre-transaction warrants: 5,00,000 (4.96% diluted).
• Pre-transaction total: 51,24,318 (6.093%).
• Shares acquired: 17,638 voting rights (0.023%).
• Mode: Open Market.
• Date of acquisition: 17 August 2026.
• Post-transaction voting rights: 46,41,956 shares (6.116%).
• Post-transaction warrants: 5,00,000 (4.96% diluted).
• Post-transaction total: 51,41,956 (6.116%).
• Equity capital before/after: Rs 75,89,53,180; 7,58,95,318 shares.
• Total diluted capital after: Rs 1,03,39,53,180; 10,33,95,318 diluted shares.

Target & Disclosing Party

• Target Company: W.S. Industries (India) Limited.
• Disclosing Party: S. Anandavadivel (Promoter group).

Transaction Type & Date

• Transaction Type: Acquisition of 15,000 voting rights.
• Date: 14 August 2026.

Pre-Transaction Holding

• Shares carrying voting rights: 46,24,297 (6.092%).
• Warrants: 5,00,000 (4.96% diluted).
• Total pre-holding: 51,24,297 shares; 6.092% voting; 4.96% diluted.

Post-Transaction Holding

• Shares carrying voting rights: 46,39,297 (6.112%).
• Warrants: 5,00,000 (4.96% diluted).
• Total post-holding: 51,39,297; 6.112% voting; 4.96% diluted.

Capital Context

• Pre/post equity capital: Rs. 75,89,53,180; 7,58,95,318 shares.
• Total diluted capital after: Rs. 1,03,39,53,180; 10,33,95,318 diluted shares.

Transaction Details

• Mode: Open Market.
• Instrument: Equity shares.

PIT compliance disclosure

• Audit Committee reviewed PIT matter on 10 August 2026.
• Involved DP-relative: Deepak Krishnamoorthy Manjunath.
• Total purchases: 260 shares; value ₹36,920.
• Sales: 260 shares on 24 April 2026 for ₹18,202.28.
• Net loss on sale: ₹18,717.72.
• Trading during closed window occurred for prior-period trades.
• No material evidence of trading while in possession of UPSI.
• No financial gain from transactions; loss to the concerned person.
• Company strengthened compliance framework with enhanced reconciliation and monitoring.
• Annexure-I report filed under SEBI PIT Regulations.

Issue Overview

• Type of issue and securities: Preferential issue of equity shares and convertible warrants.
• Total issue size and net proceeds: size revised due to undersubscription with shareholder approval.
• Equity objects: land acquisition/development, working capital, general corporate, redemption of preference shares, security deposit repayments.
• Warrants objects: land development, working capital, general corporate, redemption of NCDs.

Utilisation of Proceeds

• Utilisation largely aligns with revised objects; no deviation from revised objects.
• Variation in object due to undersubscription approved by shareholders.
• Equity - Repayment of outstanding security deposits: Completed.
• Warrants - Acquisition and development of land: Ongoing.
• Warrants - Working capital: Ongoing.
• Warrants - General corporate purposes: Ongoing.
• Warrants - Redemption of NCDs: Ongoing.
• Unutilised funds parked in fixed deposits; not lien marked.
• Fixed deposits total 5.63 crore; held in Axis Bank and Union Bank; some maturities mid-2026.

Governance and Compliance

• Shareholder approval obtained for variation in objects (12 December 2025).
• Statutory auditor certificate dated 06 August 2026: no deviation observed.
• Audit Committee and Board reviewed MA draft; no comments.
• No other material events affecting viability reported.
• Note 1 explains variation in object versus utilization plan due to undersubscription.

GCP

• GCP: Not applicable; nil utilization.
• Board approval for GCP allocation: not applicable.