W S Industries (I) Limited — QIP/Rights/Pref., 27-06-2025: Preferential issue

W.S. Industries has announced a board meeting to approve a preferential issue of 1.65 crore equity shares at Rs. 100 each, raising Rs. 165 Cr, to select non-promoter investors including FPIs. Additionally, 2.75 crore convertible warrants will be issued at Rs. 100 each, aggregating Rs. 275 Cr, to both promoters and non-promoters. Warrants conversion into equity shares is exercisable within 18 months. The proceeds are likely aimed at supporting corporate needs. Shareholder approval will be sought in an upcoming EGM. Investors to note potential dilution following conversion.