W.S. Industries Announces Computation of Notional Gain Following Trading Window Reopening
W.S. Industries (India) Limited has provided an outcome of its notional gain computation relating to transactions made by M/s. Renaatus Procon Private Limited (RPPL). The company's calculation followed the reopening of the trading window subsequent to the announcement of the financial results for the quarter and financial year ended March 31, 2026.The Board of Directors of W.S. Industries (India) Limited had approved the audited financial results for the period at its meeting held on May 14, 2026. Following the declaration of these results, the trading window was considered to have reopened. Consequently, May 18, 2026, became the benchmark date for computing any notional gain.
Details of RPPL Transactions
Based on the transaction details, RPPL purchased a total of 2,000 equity shares of the company during the period.| Date of Transaction | No. of Shares | Purchase Value (Rs.) | Purchase Price per Share (Rs.) |
|---|---|---|---|
| 08.04.2026 | 1,000 | 76,075 | 76.08 |
| 09.04.2026 | 1,000 | 74,850 | 74.85 |
| Total | 2,000 | 1,50,925 | - |
The weighted average purchase price (WAP) for these transactions was computed by dividing the aggregate purchase consideration of Rs. 1,50,925 by the total number of shares purchased (2,000), resulting in a WAP of Rs. 75.46 per share.
Notional Gain Computation
The closing market prices on the benchmark date, May 18, 2026, were used to compute the notional gain using the formula: (Closing Price on Benchmark Date - Weighted Average Purchase Price) × Total Quantity of Shares purchased.| Stock Exchange | Closing Price on 18.05.2026 (Rs.) |
|---|---|
| BSE | 67.50 |
| NSE | 66.92 |
The computation revealed the following results for the potential gain or loss:
| Particulars | BSE | NSE |
|---|---|---|
| Total Quantity of Shares Purchased | 2,000 | 2,000 |
| Weighted Average Purchase Price (Rs.) | 75.46 | 75.46 |
| Closing Price on 18.05.2026 (Rs.) | 67.50 | 66.92 |
| Variance per Share (Rs.) | (7.96) | (8.54) |
| Computed Gain / (Loss) (Rs.) | (15,920) | (17,080) |
The company stated that since the computation resulted in a negative value under both the BSE and NSE scenarios, no notional gain arises, and consequently, no disgorgement amount is payable.
WSI Stock Price Movement
Today, W S Industries (I) Limited shares edged higher to close at ₹69.09, representing a strong 4.42% gain for the session. The stock settled on significant buying interest, recording total traded volume of 35,428 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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