WPIL limited board approves capital increase, seeks NSE listing

WPIL Limited's board of directors, at a meeting on November 7, 2025, approved an increase in the company's authorized share capital from Rs. 10,50,00,000 to Rs. 12,00,00,000. This increase will result in 12,00,00,000 equity shares of Rs. 1 each, following the conversion of existing 14,000 11% redeemable cumulative preference shares into 14,00,000 equity shares. The move aims to strengthen the company’s capital base for future funding requirements.

Additionally, WPIL Limited announced its intention to secure a listing for its equity share capital on the National Stock Exchange, in addition to its current listing on BSE Limited. The board also reviewed and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.

For the half year ended September 30, 2025, the company reported consolidated profit after tax of Rs. 7,752.79 lakhs and total comprehensive income of Rs. 17,750.48 lakhs. Standalone profit after tax for the same period was Rs. 4,401.21 lakhs, with total comprehensive income at Rs. 4,404.32 lakhs.