W.S.INDUSTRIES (INDIA) LTD.-$

W. S. Industries (India) Ltd has announced the closure of its trading window for the quarter ending June 30, 2026. This measure, in line with SEBI regulations and the company's insider trading code, will be in effect from July 1, 2026, until 48 hours after the financial results for the quarter are disclosed. The specific date for the board meeting to approve these results will be communicated separately.

W. S. Industries (India) Ltd has announced the completion of the mutual surrender/termination of a lease agreement and the subsequent sale/transfer of its industrial land located in Doddajala Village, near Bengaluru. This transaction follows the Board of Directors' approval on May 26, 2026. The completion was formalized on June 3, 2026, with the execution and registration of necessary documents and formalities.

The Board of Directors of W.S. Industries (India) Limited approved the mutual surrender and termination of a lease agreement with M/s. Aarnav Business Park for industrial land near Bengaluru. The board also approved the sale/transfer of the land to Aarnav Business Park for a consideration of not less than ₹6.04 Crores, subject to necessary documentation and formalities. The board determined that the land does not constitute an "undertaking" requiring shareholder approval.

W. S. Industries (India) Ltd. disclosed the outcome of a notional gain computation for transactions undertaken by M/s. Renaatus Procon Private Limited (RPPL). The computation, based on the closing prices on May 18, 2026, benchmarked against the weighted average purchase price of ₹75.46 per share, resulted in a notional loss of ₹15,920 on BSE and ₹17,080 on NSE. Consequently, no disgorgement amount is payable. This disclosure supplements earlier disclosures regarding the examination of RPPL's trading transactions under SEBI regulations.

The Audit Committee of W. S. Industries (India) Ltd reviewed equity share transactions and found that Mrs. Padminisundaram Kulandaisamy, purchased shares between November 2024 and October 2025, but was not identified as a Designated/Connected Person at the time due to incomplete disclosure. The committee concluded this was a disclosure-dependent identification gap and not a violation of insider trading regulations, as no evidence of trading on Unpublished Price Sensitive Information (UPSI) was found. Corrective measures have been implemented, including updating records and strengthening monitoring.

W. S. Industries (India) Ltd. has released a monitoring agency report by India Ratings & Research Private Limited for the quarter ended March 31, 2026, regarding the utilization of proceeds from a preferential issue of equity shares and convertible warrants. The issue was approved by shareholders on July 25, 2025, and December 12, 2025 (revised). The monitoring agency confirmed no deviation in the utilization of issue proceeds from the approved objects. The report was reviewed by the Audit Committee and the Board of Directors on May 14, 2026, with no comments or observations made.

W. S. Industries (India) Ltd has released a monitoring agency report regarding the utilization of proceeds from a preferential issue of equity shares and convertible warrants. The report, issued by India Ratings & Research Private Limited, covers the quarter ended March 31, 2026. The monitoring agency confirmed no deviation in the utilization of issue proceeds from the approved objectives. The report was reviewed by the Audit Committee and the Board of Directors on May 14, 2026, with no comments or observations made.

W. S. Industries (India) Ltd filed a statement of deviation/variation in utilization of funds for the quarter ended March 31, 2026, related to multiple preferential issues. One preferential issue had a deviation approved by shareholders on December 12, 2025. The audit committee reviewed the statements, which were then recorded by the Board of Directors on May 14, 2026.

W.S. Industries (India) Ltd has re-appointed M/s. R. Subramanian and Company LLP as Internal Auditors for FY 2026-2027 and appointed M/s. Sudarshan & Ranganathan as Tax Auditors for FY 2025-2026. The board also approved the audited financial results for the quarter and year ended March 31, 2026, with an unmodified opinion from the Statutory Auditors.

W.S. Industries (India) Ltd approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. The board also re-appointed M/s. R. Subramanian and Company LLP as Internal Auditors for FY 2026-2027 and appointed M/s. Sudarshan & Ranganathan as Tax Auditors for FY 2025-2026. The Statutory Auditors issued audit reports with unmodified opinions on the standalone and consolidated financial statements.