VA TECH WABAG LIMITED (“WABAG”) has officially announced the incorporation of a new Wholly Owned Subsidiary (WOS) in India, named NORTH CHENNAI TRU WATER PRIVATE LIMITED. The subsidiary was incorporated effective April 01, 2026, with the formal Certificate of Incorporation received on April 22, 2026. This strategic move follows the regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The newly formed entity, NORTH CHENNAI TRU WATER PRIVATE LIMITED, is headquartered in Chennai with an initial paid-up capital of INR 1,00,000, consisting of 10,000 equity shares at a face value of INR 10 each. As a newly incorporated company, its current turnover is nil as it has yet to commence business operations. WABAG holds 100% of the equity shares in this subsidiary, maintaining absolute control over its operations and strategic direction.

The subsidiary is set to operate within the Waste Water Treatment industry. Specifically, it has been established to engage in the refurbishment, financing, operation, maintenance, and transfer (RFOMT) of a 45 Million Litres per Day (MLD) Tertiary Treatment Reverse Osmosis (TTRO) Plant located at Kodungaiyur, Chennai. This project aligns with WABAG’s core mission of providing sustainable water solutions and strengthens its infrastructure footprint in Tamil Nadu.

In terms of business performance and recent updates from 2025, VA TECH WABAG continued to secure significant global and domestic orders, reinforcing its position as a leader in water technology. Throughout 2025, the company focused on high-value desalination and wastewater treatment projects, often highlighting its technological prowess in resource recovery. Notable updates from the year included a strong emphasis on reducing debt and improving cash flow, alongside receiving various industrial awards for sustainability and excellence in water management.

For the last quarterly financial results announced by the company in 2025, WABAG demonstrated consistent growth in its consolidated revenue and profitability. The company reported healthy margins driven by efficient execution of its order book and a strategic shift toward “asset-light” engineering, procurement, and construction (EPC) projects. Notable investors who have historically shown interest or held stakes in the company include veteran investor Rekha Jhunjhunwala, whose portfolio has featured WABAG as a key pick in the small-cap industrial space during 2025.