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W.S. Industries completed a preferential issue: 20 lakh shares at ₹100 (₹20 Cr) to non-promoters, and 2.25 Cr warrants at ₹100 (potential ₹225 Cr) to non-promoters & promoters. This brings in ₹76.25 Cr upfront, with more funding & promoter stake shifts possible on warrant conversion.