WABAG executes SSSHA for ~10% stake in Nimble Vision for ₹3 Cr

VA Tech Wabag Ltd (WABAG) has executed a Share Subscription and Shareholders Agreement (SSSHA) with Nimble Vision Private Limited, its promoters, and other investors on April 17, 2026. This agreement formalizes WABAG's first investment under its BLUE SEED initiative, backing Nimble Vision for indigenous DeepTech solutions in water conservation and automation. WABAG will subscribe to 955 Equity Shares for approximately ₹3.00 Crores, acquiring an initial ~10.02% stake in Nimble Vision. The agreement outlines terms for the investment and regulates the inter se rights and obligations of the parties concerning Nimble Vision's management and operations. WABAG will also have the right to appoint one Director and one Observer to Nimble Vision's board.