VA Tech WABAG Share Price in Focus; Incorporates a Wholly Owned Subsidiary in Chennai

WABAG share price is expected to remain in focus after the company announced the incorporation of a new wholly owned subsidiary aimed at strengthening its wastewater treatment business. 

Key Development 

VA Tech WABAG has incorporated a wholly owned subsidiary named North Chennai Tru Water Private Limited, effective April 1, 2026, with the certificate of incorporation received on April 22, 2026.  

The subsidiary has been established with an initial paid-up capital of ₹1,00,000, comprising 10,000 equity shares of ₹10 each.  

Business Purpose and Scope 

The newly formed entity will operate in the wastewater treatment segment and will undertake activities including refurbishment, financing, operation, maintenance, and transfer of a 45 MLD Tertiary Treatment Reverse Osmosis (TTRO) plant located at Kodungaiyur, Chennai.  

Ownership And Structure 

WABAG will hold 100% equity in the subsidiary, making it a fully controlled entity. The incorporation does not fall under related party transactions and is aligned with the company’s core business operations. The subsidiary is yet to commence operations and currently has no turnover.  

Read More: VA Tech Wabag Share Price in Focus; Denies Saudi Order, Clarifies Kuwait Bid Status! 

VA Tech WABAG Share Price Performance 

As of 22 April 2026, at 3:30 PM, VA Tech WABAG share price closed at ₹1,486.00 per share, reflecting a decline of 0.07% from the previous closing price. 

Conclusion 

The incorporation of the subsidiary strengthens WABAG’s presence in the wastewater treatment segment and supports its project execution capabilities in key urban infrastructure projects. 

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