Antony Waste Handling Cell Share Price Surges Over 6% as its Subsidiary Wins ₹329.45 Crore Order

Antony Waste Handling Cell Limited has strengthened its municipal infrastructure portfolio after one of its subsidiaries received a major solid waste management contract from the Thane Municipal Corporation, expanding its presence in long-term urban services projects. 

Project Scope and Contract Structure 

The contract has been awarded to Antony Lara Enviro Solutions Private Limited, a subsidiary of Antony Waste Handling Cell. It involves the development of a 600-800 tonnes per day mixed municipal solid waste pre-processing plant on a Design, Build, Operate and Transfer (DBOT) basis at Atkoli in Bhiwandi taluka, on land owned by the civic body. 

The scope of work also includes operation and maintenance of the facility for a period of 10 years. The total contract value is estimated at approximately ₹329.45 crore. 

Capital expenditure and reimbursement. 

The project will require a capital expenditure of around ₹67 crore, which will be reimbursed by Thane Municipal Corporation in phases upon achievement of defined milestones, in line with the tender terms. 

The facility will house a material recovery system for segregation and pre-processing of mixed municipal solid waste, covering design, engineering, construction, commissioning and sustained operations. 

Strategic Relevance 

The contract adds to Antony Waste’s long-duration municipal concessions and improves revenue visibility through annuity-style operations.  

The project aligns with the company’s strategy of expanding integrated waste management capabilities with a focus on processing and recovery infrastructure. 

Read More: Antony Waste Handling Share Price Surges Over 16% as its Subsidiary Secures ₹1,330 Crore Orders from BMC! 

Antony Waste Handling Cell Share Price Performance  

As of December 23, 2025, at 9:55 AM, Antony Waste Handling Cell share price is trading at ₹530.75 per share, reflecting a surge of 6.78% from the previous closing price.  

Conclusion 

With this contract from Thane Municipal Corporation, Antony Waste Handling Cell continues to deepen its engagement with urban local bodies while expanding its portfolio of large-scale waste processing assets across India. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.