VA TECH WABAG has strengthened its position in the industrial water treatment segment by securing a 'Large' order from Bharat Petroleum Corporation Limited (BPCL) for advanced water treatment facilities. The contract involves comprehensive water treatment solutions for BPCL's Bina Petchem and Refinery Expansion Project located in Bina, Madhya Pradesh.

Project Scope and Technical Specifications

The order encompasses a complete water block package designed to meet the refinery's industrial water requirements. The project includes three critical components that will ensure comprehensive water treatment and environmental compliance.

Order Classification and Value Range

WABAG classifies this contract as a 'Large' order, which falls within the company's established order classification framework. According to WABAG's classification system, a 'Large' domestic order represents a value range between ₹250.00 crores to ₹600.00 crores.

Strategic Significance

S Natrajan, Head – Sales & Marketing, India Cluster, expressed satisfaction with the order win, highlighting BPCL's confidence in WABAG's technological expertise and execution capabilities. The contract reinforces WABAG's leadership position in the oil and gas sector while demonstrating the company's strong track record in delivering complex, technology-intensive water projects.

Project Details and Compliance

The contract represents a domestic project awarded by BPCL, with no related party transactions involved. WABAG will handle all aspects of the project from design through commissioning, ensuring state-of-the-art water treatment solutions that meet the refinery's operational requirements and environmental standards.

This order win demonstrates WABAG's continued strength in securing significant industrial water treatment contracts and reinforces the company's position as a leading provider of comprehensive water solutions in India's refining sector.

VA Tech Wabag Limited has received a GST assessment order from the Office of the Superintendent of Central Tax, GST Commissionerate, Bengaluru. The company disclosed this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 on December 31, 2025.

GST Assessment Order Details

The order pertains to an assessment undertaken following a routine GST compliance audit under Section 65 of the CGST Act, 2017. The assessment covers an extended period spanning multiple financial years.

Financial Impact Breakdown

The GST assessment order demands payment across multiple components including basic tax, interest, and penalty. The total demand amount is significantly lower than initially reported.

Company's Response and Legal Action

VA Tech Wabag has indicated it will pursue appropriate legal remedies against the GST assessment order. The company plans to file an appeal with the appropriate authority challenging the order issued by the GST Commissionerate.

The company has assessed that there is no material impact on its financial, operations, or other activities due to this order. This suggests the company believes it has strong grounds to contest the assessment made by the GST authorities.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations, specifically Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company also referenced SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, in its filing.

Company Secretary and Compliance Officer Anup Kumar Samal signed the regulatory filing, ensuring proper compliance with disclosure requirements for listed entities.