Concord Enviro Systems Ltd
💧 Concord Enviro Invests $575K in WaHa Inc. for Water Generation Rights
- Concord Enviro FZE invested $574,999.65 in WaHa Inc. for a 2.87% ownership stake
- Acquired 1,277,777 shares at $0.45 per share
- WaHa Inc. is a U.S.-based clean tech company specializing in atmospheric water generation and energy-efficient cooling
- Investment grants exclusive licensing rights for India and UAE markets
- Includes global manufacturing partnership for WaHa's water generation systems
- WaHa reported $0.14 lakhs turnover and $31.26 lakhs net loss as of March 31, 2025
- Focuses on addressing water scarcity and industrial applications across multiple sectors