VA Tech Wabag executed a Share Subscription and Shareholders Agreement for its investment in Nimble Vision Private Limited.
WABAG invested ₹3.00 Crores to acquire 955 equity shares, representing a 10.02% stake in Nimble Vision.
The agreement grants WABAG rights to nominate one director and one observer on Nimble Vision's board.
This investment supports Nimble Vision's development of indigenous DeepTech solutions for water conservation.