Intimation for execution of Shareholders Agreement

VA Tech Wabag Limited has executed a Shareholders Agreement on April 9, 2026, with PEAK Sustainability Venture Fund I and PEAK Sustainability Partners LLP for a joint venture entity named Ghaziabad Bioenergy Private Limited. The JV will execute a Compressed Bio-Gas (CBG) project on Build-Operate-Transfer basis at Dundaheda, Ghaziabad, Uttar Pradesh. Initial shareholding is nearly equal—WABAG holds 5,100 equity shares and PEAK holds 4,900 shares of INR 10 each. The agreement includes special rights like director appointment, right of first refusal on share issuance, and a 3-year lock-in period on shareholding. Both parties have agreed to maintain economic interest of up to 50% each in the SPV.