WPIL's South African Unit Wins ₹630 Cr Water Project for Cape Town

WPIL Limited announced a major contract win through its South African subsidiary, marking a significant milestone in the company's international operations. The infrastructure developer's subsidiary, PCI Africa Consortium, has secured a wastewater treatment contract worth ₹630.00 crores for upgrading Cape Town's Macassar facility.

Contract Details

PCI Africa Consortium, WPIL's South African subsidiary, has been awarded a substantial contract for the City of Cape Town's wastewater infrastructure development. The project involves upgrading and expanding the Macassar Wastewater Treatment Works, representing a key infrastructure initiative for the South African city.

Parameter	Details
Total Contract Value	2.50 billion South African Rand (₹1,340.00 crores)
PCI Africa's Share	1.175 billion South African Rand (₹630.00 crores)
Project Duration	54 months
Client	City of Cape Town
Project Type	Wastewater treatment facility upgrade and expansion

Project Scope and Significance

The Macassar Wastewater Treatment Works project represents a comprehensive infrastructure development initiative. The 54-month timeline indicates the substantial scope of the upgrading and expansion work required for the facility. This contract demonstrates WPIL's growing presence in the international water treatment and infrastructure sector through its subsidiary operations.

Regulatory Compliance

WPIL Limited made this disclosure in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, as required for material contract announcements. The company specifically noted that this contract does not fall within related party transactions, ensuring transparency in its business dealings.

Strategic Implications

This contract award strengthens WPIL's position in the African infrastructure market through PCI Africa Consortium. The substantial value of ₹630.00 crores for the company's share represents a significant addition to its order book. The project's focus on wastewater treatment aligns with growing infrastructure needs across developing markets, positioning the company in a critical utility sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.39%	-2.89%	-11.40%	-11.13%	-48.11%	+574.09%

WPIL Limited , a company with ISIN INE765D01022, has seen a significant change in its ownership structure as HSM Investments Limited, a promoter group entity, expanded its stake through an off-market transfer. The transaction, completed on November 15, 2025, involved the acquisition of 63,97,150 equity shares, representing a 6.55% stake in WPIL Limited.

Transaction Details

Aspect	Details
Acquiring Entity	HSM Investments Limited (Promoter Group)
Target Company	WPIL Limited
Shares Acquired	63,97,150
Stake Percentage	6.55%
Transfer Type	Off-market
Completion Date	November 15, 2025
Transfer Method	Scheme of Amalgamation

Additional Information

The acquisition includes 15,00,000 encumbered shares, which are part of the total shares transferred. Despite this substantial transfer, WPIL Limited's total equity share capital remains unchanged at Rs. 9,76,70,800.

This off-market transfer, executed under a scheme of amalgamation, signifies a strategic move within the promoter group of WPIL Limited. Such transactions often indicate a restructuring or consolidation of ownership within the promoter entities, which may have implications for the company's governance and strategic direction.

Investors and market watchers may want to monitor any subsequent disclosures or announcements from WPIL Limited regarding changes in promoter holdings or potential impacts on the company's operations and management structure.