W.S. Industries (India) Limited announced a private placement of 7,410,000 common shares and 2,38,75,000 convertible warrants on preferential allotment basis on November 24, 2022. The transaction has been approved at the extra-ordinary general meeting of the company. The shares will include participation from certain identified non- promoter persons/ entities and warrants from promoter group and certain identified non-promoter persons /entities.