W.S. Industries (India) Limited announced a private placement to issue 3,662,846 equity shares at a price of INR 149.50 per share for the gross proceeds of INR 547,595,477 and 2,715,722 convertible warrants at a price of INR 149.50 per warrant for the gross proceeds of INR 40,60,00,439 for the aggregate gross proceeds of INR 953,595,916 on April 4, 2024. The transaction will include participation from new investors and individual investors. The transaction has been approved by the board of directors of the company.