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VA Tech Wabag: VA Tech Wabag Ltd reply to clarification sought by the exchange


The Exchange had sought clarification from the company with reference to the media report "VaTech Wabag bags Rs 1 187 cr project in Bihar".

VA Tech Wabag Ltd response is as under :

"With reference to email communication received today on the captioned subject we wish to inform you that the company had obtained the said prestigious project referred in the Media report from Bihar Urban Infrastructure Development Corporation ("BUIDCO") under National Mission for Clean Ganga Scheme to develop STPs of 150 MLD capacity in the State of Bihar.

Please note the said Order achievement and details of the Project has been intimated by the company to esteemed Stock Exchanges vide its Press release letter dated July 23 2019 in compliance with Regulation 30 of the SEBI LODR. Pursuant to the said Order and in compliance with the conditions/directions given by BUIDCO/NMCG for the project an agreement has been signed in this regard. A copy of the said earlier letter along with the Press release filed with Stock exchanges on July 23 2019 are enclosed for your immediate reference".

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