W S Industries India secures Rs64.59 crore order; Stock soars 5%

13 Jun 2022 , 10:56 AM

W S Industries India Ltd has informed to the exchanges that it has obtained an order for construction of Integrated Storm Water Drain Works approximately valued at Rs64.59 crores from a reputed infra player.

Also, the Board has approved for the allotment of 46,34,224 equity shares of the Company at Rs.12.50 each (face value of Rs.10/- and premium of Rs.2.50/- per share) on preferential basis to Investors other than existing promoter group pursuant to approval of shareholders.

At around 10:54 AM, W S Industries was trading at Rs13.23 per piece higher by 5% as against previous closing at Rs12.60 per piece on the BSE.