The Board of Directors ("Board") of VA Tech Wabag Limited ("the Company") at their meeting held today i.e. Tuesday May 07 2024 has inter-alia considered and approved the proposal to enter into and execute the Shareholders Agreement amongst VA Tech Wabag Limited (Listed Company); Kopri Bio Engineering Private Limited (Kopri Bio) and A K Electrical and Works Private Limited (AKEPL) for the following To record the terms and conditions between the equity shareholders over the rights and responsibilities for execution of the project towards Design Build Finance Operate and Transfer (DBFOT) in relation to developing operating and maintaining (a) a 120 MLD sewage treatment plant at Kopri Thane (East) and (b) a power generation facility and tertiary treatment plant for the sale of tertiary treated water of sewage treatment plant at Kopri Thane (East) awarded by Thane Municipal Corporation on competitive bidding basis.
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