VA Tech Wabag Ltd
💧 VA Tech Wabag Launches New Subsidiary for 45 MLD Water Treatment Plant in Chennai
• Incorporated new wholly owned subsidiary NORTH CHENNAI TRU WATER PRIVATE LIMITED
• Effective incorporation date: April 1, 2026 (certificate received April 22, 2026)
• Initial paid-up capital: ₹100,000 (10,000 equity shares at ₹10 each)
• Will operate in wastewater treatment industry
• Focus on refurbishment, finance, operation, maintenance, and transfer (RFOMT) services
• 45 MLD tertiary treatment reverse osmosis (TTRO) plant in Kodungaiyur, Chennai
• WABAG holds 100% equity in the subsidiary
• Subsidiary has not yet commenced business operations (no historical turnover)