Joint Ventures9 April 2026 at 02:01 pm
VA Tech Wabag Ltd Executes Shareholders Agreement for Compressed Bio-Gas Project
AI Summary
VA Tech Wabag Ltd has executed a Shareholders Agreement with PEAK Sustainability Venture Fund I, PEAK Sustainability Partners LLP, and Ghaziabad Bioenergy Private Limited for a Compressed Bio-Gas project on Build-Operate-Transfer basis in Ghaziabad, Uttar Pradesh. The agreement details are provided in the enclosed Annexure-I.
Key Highlights
- Execution of Shareholders Agreement for a Compressed Bio-Gas project
- Joint venture with PEAK Sustainability Venture Fund I, PEAK Sustainability Partners LLP
- Initial shareholding: VA Tech Wabag Ltd holds 5100 Equity Shares, PEAK Sustainability Partners LLP holds 4900 Equity Shares
- Lock-in period of 3 years for shareholding in the SPV
- Restriction in transfer of Shares without prior written consent of the Parties
WABAGWater Supply & Management
VA TECH WABAG LTD.Price Impact