VA Tech Wabag Limited (WABAG) — Announcement(3 announcements)

VA Tech Wabag announced it received a GST rectification order on June 19, 2026 that reduces a prior INR 4.37 million demand to INR 197,880, effectively resolving the excess input tax credit dispute with Uttar Pradesh authorities and eliminating material financial impact on operations.

VA Tech Wabag announced it has secured a Mega SWRO desalination project in Kuwait from the Ministry of Electricity, Water & Renewable Energy, marking its first entry into the Kuwaiti market and expanding its footprint across the GCC region. The contract involves designing, building, operating, and maintaining a 60 MIGD (272 MLD) plant with a five-year maintenance period, incorporating solar PV systems to support sustainability goals. This landmark order reinforces WABAG's leadership in desalination technology and long-term water security solutions for Kuwait.

VA Tech Wabag announced it received a GST order from Bengaluru East Commissionerate dated June 19, 2026 rejecting its rectification application regarding a Section 73 CGST assessment for FY 2019-20. The order demands INR 5,71,22,863 in tax, INR 18,37,662 in interest, and INR 57,27,163 in penalty, totaling INR 6,46,87,687. The company will appeal the decision and pursue legal remedies. It emphasized no material impact on financial or operational activities.