VA Tech Wabag gets nod to issue equity shares through preferential basis
26th Aug 2020

VA Tech Wabag has received approval from Board of Directors of the Company to issue of upto 75,00,000 Equity Shares, on a Preferential Basis, at a price of Rs 160 per Equity Share (including a Premium of Rs 158 per Equity Share), which is higher than the price for cash aggregating to Rs 120 crore.

VA Tech Wabag is an India-based company engaged in the business of water treatment field.