Date: 10th August 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results (Standalone & Consolidated)

Not Specified

Auditor’s Report

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Disinvestment / Strategic Actions

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Other Operational / Legal / Strategic Disclosures

SEBI PIT Regulations Review Disclosure

The review was conducted at the Audit Committee meeting held on 10th August 2026.

Details of the Violation

The matter concerned Mr. Deepak Krishnamoorthy Manjunath, an immediate relative of designated persons belonging to the Promoter and Promoter Group. The designated persons are Mrs. Mamatha P (PAN: AKQPM6554M) and Mr. K.V. Prakash (PAN: AADPR5297D), who is a Whole-Time Director.

Mr. Manjunath (PAN: AMNPM7756N) executed the following transactions in WSI equity shares on the NSE:

Purchase Transactions:

  • 05-Apr-2024: 100 shares (55 shares at ₹156.80 for ₹8,624.00 + 45 shares at ₹156.80 for ₹7,056.00)
  • 09-Apr-2024: 50 shares at ₹150.00 for ₹7,500.00
  • 04-Jun-2024: 100 shares at ₹124.00 for ₹12,400.00
  • 01-Nov-2024: 10 shares at ₹134.00 for ₹1,340.00
  • Total Purchases: 260 shares for ₹36,920.00 (Average price: ₹144.32)

Sale Transaction:

  • 26-Apr-2026: Sold all 260 shares at ₹70.01 for ₹18,202.28

Net Result: Financial loss of ₹18,717.72

Trading Window Status

Four of the purchase transactions (totaling 205 shares) were executed during periods when the company's trading window was closed for the consideration and declaration of financial results. The purchase of 100 shares on 04-Jun-2024 was executed when the trading window was open.

The sale on 26-Apr-2026 was also executed during a trading window closure period for consideration and declaration of financial results.

Audit Committee Findings and Action

  • The Committee noted that certain transactions were undertaken during trading window closure periods, constituting a violation of the company's Code of Conduct under PIT Regulations.
  • There was no material information indicating that Mr. Manjunath traded while in possession of or having access to Unpublished Price Sensitive Information (UPSI).
  • The transactions resulted in an actual financial loss of ₹18,717.72 to the concerned person, with no financial gain derived.
  • The violation was deemed inadvertent and not intentional.
  • The matter pertained to a prior period before the implementation of the company's enhanced reconciliation and strengthened compliance monitoring process.
  • The Committee took note that the company has strengthened its compliance monitoring and reconciliation processes, including enhanced monitoring of transactions by Designated Persons and their immediate relatives.
  • No further corrective or remedial action was considered necessary regarding this prior period matter.
  • No amount was collected or required to be remitted to the SEBI Investor Protection and Education Fund (IPEF) as no notional gain or financial benefit was derived.

Company's Compliance Actions

The company undertook a detailed review of the transactions, obtained written confirmation from Mr. Manjunath, and communicated the applicable requirements under the Code of Conduct and PIT Regulations. The company has strengthened its compliance framework with enhanced reconciliation of Beneficiary Position reports and Buyer/Seller transaction reports, updated compliance database, and strengthened the identification and monitoring framework for Designated Persons, Promoter Group members, and their Immediate Relatives.