W S Industries (I) Limited — Important, 07-08-2025: Updates

W.S. Industries (WSI) has revised its preferential issue disclosures to align with regulatory observations. The company will now use a portion of the funds to repay ₹53.70 Cr in outstanding security deposits and ₹35.5 Cr for Non-Convertible Debenture (NCD) principal redemption. Interim use of unutilized funds from the issue will be restricted to deposits with scheduled commercial banks. The revised plan also details specific warrant subscriptions by promoters and promoter group, enhancing transparency on their commitment to the funding.