Antony Waste Handling Cell Limited has informed the Exchange about Incorporation of SPV Company.
AWHCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Antony Waste Handling Cell has incorporated a new Special Purpose Vehicle called Mumbai Eco Solutions Private Limited on December 30, 2025, through its material wholly-owned subsidiary AG Enviro Infra Projects Private Limited. The SPV has been set up to execute two Collection and Transportation projects recently awarded by the Brihanmumbai Municipal Corporation (BMC). AG Enviro subscribed to 5,100 equity shares at ₹51,000, giving Antony Waste a 51% controlling interest in the new entity. The business falls under solid waste management and the consideration was entirely in cash.
This is a positive operational development as it formalizes the company's structure to execute newly won BMC waste management contracts in Mumbai, potentially adding to future revenue. The financial outlay is minimal (₹51,000), so there's no meaningful capital impact on shareholders at this stage.