Pursuant to approval of the Shareholders through Postal Ballot Notice dated 26th April 2019 and its result dated 8th June 2019, W S Industries India Ltd has entered into definitive agreements on 24th March 2022 with M/s. Winwin Speciality Insulators Limited for the transfer of Vizag Unit / Plant / Undertaking for a consideration of Rs.20,85,00,000/- (Rupees Twenty Crores Eighty Five Lakhs Only).
The Buyer does not belong to promoter group.