A waste mound destabilized by continuous and exceptionally heavy rainfall collapsed onto the administration building at Antony Waste Handling Cell's Waste to Energy facility in Pimpri Chinchwad, Pune, on July 8, 2026. The incident resulted in the structural collapse of the administration building, though the plant was undergoing a scheduled maintenance shutdown at the time, limiting the number of personnel present. The company stated that, based on preliminary information, there is no immediate material impact on its operations.

Emergency response measures were initiated immediately, with personnel from the Fire Brigade, the National Disaster Response Force (NDRF), a squad from the Indian Army, and officials from the Pimpri Chinchwad Municipal Corporation (PCMC) reaching the site. Efforts are underway to search for and assist individuals who may be trapped under the debris. The number of persons injured or otherwise affected is currently being ascertained by the concerned authorities.

The company attributed the incident to unprecedented weather conditions that led to the destabilization of the waste mound outside the facility. The region had been experiencing continuous and exceptionally intense rainfall in the period preceding the collapse. Antony Waste Handling Cell is assisting the municipal corporation, local administration, and emergency response agencies with medical assistance and support for the families of those affected.

Incident Details

Antony Waste Handling Cell continues to work closely with the relevant authorities and will share verified updates as further information becomes available. The disclosure was made to the exchanges in reference to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Antony Waste Handling Cell Ltd has issued a corporate guarantee of ₹20,00,00,000 for its subsidiary, Mumbai Eco Solutions Private Limited. The guarantee has been extended in favour of Kotak Mahindra Bank Limited to support credit facilities availed by the subsidiary. This transaction creates a contingent liability for the company, which will be impacted only if the subsidiary fails to meet its repayment obligations to the lender.

The corporate guarantee was issued in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the promoter, promoter group, and group companies have no interest in this transaction, and it has been conducted at arm's length.

Details of the Guarantee

The filing provided specific details regarding the transaction and the parties involved. The guarantee amount is fixed at a principal sum of ₹20,00,00,000 (Rupees Twenty Crore only).

The company stated that there is no immediate financial impact from this guarantee. However, Antony Waste Handling Cell Ltd will be liable to the extent of the guaranteed amount if Mumbai Eco Solutions Private Limited defaults on its repayment obligations to Kotak Mahindra Bank Limited.