VA Tech Wabag Executes Agreement, Investing ~INR 3.00 Crores in Nimble Vision Private Limited
VA Tech Wabag Limited has entered into a Share Subscription and Shareholders Agreement (SSSHA) with Nimble Vision Private Limited, along with the company's Promoters and existing Shareholders. The agreement, executed on April 17, 2026, formalizes the terms of an investment round aimed at backing indigenous deep-tech solutions for water conservation and automation.The transaction follows a previous press release issued by VA Tech Wabag Limited on November 12, 2025, titled 'WABAG commits its first investment under BLUE SEED, backs Bengaluru-based Nimble Vision to Advance Indigenous DeepTech Solutions for Water Conservation and Automation.'
The purpose of the SSSHA is to record the terms of the investment and regulate the relationship among Nimble Vision, its Promoters, the investors, and their respective rights and obligations regarding the management and operations of the company.
Investment Details and Governance Rights
Under the agreement, VA Tech Wabag Limited (WABAG) will subscribe to 955 Equity Shares of Nimble Vision. This subscription represents an investment valued at approximately INR 3.00 Crores.For governance, the agreement grants WABAG the right to nominate and appoint one Director and one Observer in Nimble Vision, in addition to other affirmative voting matters.
The initial shareholding of WABAG in Nimble Vision was noted at 955 Equity Shares, representing approximately 10.02%.
The core financial and governance details of the transaction are summarized below:
| Detail | Specification |
|---|---|
| Parties Involved | VA Tech Wabag Limited (WABAG), Nimble Vision Private Limited, Promoters, and Other Investors. |
| Agreement Type | Share Subscription and Shareholders Agreement (SSSHA). |
| Investment Value | Approximately INR 3.00 Crores. |
| Shares Subscribed | 955 Equity Shares. |
| Governance Rights | Right to nominate and appoint 1 Director and 1 Observer. |
| Original Stake | 955 Equity Shares (~10.02%). |
| Conflict of Interest | No conflict of interest arising out of the SSSHA. |
WABAG Stock Price Movement
Shares of VA Tech Wabag Limited slipped by 3.28% to close at ₹1389.5 today. The stock settled at this level amid a total traded volume of 1.37 million shares.Source:
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