W S Industries (I) Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on February 20, 2026. Further, the company has informed the Exchange regarding voting results.
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W.S. Industries held its 3rd Extraordinary General Meeting (EGM) of FY 2025-26 on February 20, 2026, through video conferencing via NSDL. Two special resolutions were put to vote, and both passed with overwhelming shareholder support of 99.87% in favour. Resolution 1 approved a revision and rearrangement in the use of funds raised through a preferential issue of equity shares and convertible warrants originally approved at the 2nd EGM held on December 12, 2025, with 4,03,91,530 shares voting in favour and only 50,600 against. Resolution 2 approved an extension of the timeline for utilising funds raised through convertible warrants originally approved at the May 2, 2024 EGM, with 4,03,91,380 shares in favour and 50,750 against. M/s. Lakshmmi Subramanian & Associates, Practising Company Secretaries, acted as scrutinizer and certified the e-voting process as fair and transparent. The cut-off date for voting eligibility was February 13, 2026.
Strong shareholder backing (99.87%) gives the company clear flexibility to reallocate and extend the deployment timeline of funds raised via preferential issues, which should help it execute its planned capital uses without further shareholder hurdles in the near term. The near-unanimous approval signals little investor resistance to the company's revised capital deployment plans.