Nature of the Event
The company incorporated two special purpose vehicles (SPVs) as wholly-owned subsidiaries for sewage treatment projects.
Subsidiary Details
Varanasi DDU Nagar STP Private Limited:
- Date of Incorporation: 16.06.2026
- Country of Incorporation: India
- Industry: Water and Wastewater Treatment Infrastructure
- Business Purpose: Special Purpose Vehicle to undertake a project relating to sewage treatment including operation and maintenance
- Consideration: Cash
- Authorized Capital: ₹10,00,000 divided into 1,00,000 equity shares of ₹10 each
- Shareholding: 100% by Enviro Infra Engineers Limited
Varanasi Lohta STP Private Limited:
- Date of Incorporation: 16.06.2026
- Country of Incorporation: India
- Industry: Water and Wastewater Treatment Infrastructure
- Business Purpose: Special Purpose Vehicle to undertake a project relating to sewage treatment including operation and maintenance
- Consideration: Cash
- Authorized Capital: ₹10,00,000 divided into 1,00,000 equity shares of ₹10 each
- Shareholding: 100% by Enviro Infra Engineers Limited
Timeline
- Incorporation Date: 16.06.2026
- Intimation Received: 17.06.2026
- Disclosure Date: 17.06.2026
Financial Impact
Each subsidiary has been incorporated with an authorized capital of ₹10 lakh. The company holds 100% ownership in both entities through cash consideration.