VA Tech Wabag Limited has announced that India Ratings & Research has reaffirmed the credit ratings for its debt instruments, maintaining the 'IND AA-/Stable' rating across both Non-Convertible Debentures and Bank loan facilities. The rating reaffirmation was communicated to stock exchanges through a regulatory filing under Regulation 30 of SEBI listing requirements.

Credit Rating Details

The credit rating agency has affirmed ratings for two key financial instruments, though both have seen reductions in facility sizes. The rating action demonstrates continued confidence in the company's credit profile while reflecting adjustments in borrowing requirements.

Facility Size Adjustments

The reaffirmation comes with notable changes in facility sizes across both instruments. The Non-Convertible Debentures facility has been reduced by INR 333.33 million, bringing it down to INR 666.67 million from the previous INR 1,000 million. Similarly, the Bank loan facilities have seen a marginal reduction of INR 149.80 million, adjusted to INR 49,505.20 million from INR 49,655 million.

Rating Implications

The 'IND AA-/Stable' rating indicates high credit quality with very low credit risk, while the stable outlook suggests that rating changes are unlikely in the near term. For bank loan facilities, the additional 'IND A1+' rating reflects the highest degree of safety regarding timely payment of short-term debt obligations. The rating rationale and detailed analysis are available through India Ratings & Research's official communication channels.

The company has fulfilled its disclosure obligations by informing both the National Stock Exchange of India Limited and BSE Limited about this rating reaffirmation, ensuring transparency for investors and stakeholders regarding its credit standing.

VA Tech Wabag Limited has completed its scheduled investor conference call for Q3 and 9M FY26 financial results and has now made the audio recording available to stakeholders. The company has formally notified the National Stock Exchange of India Limited and BSE Limited about the availability of the conference call recording under Regulation 30 of SEBI listing obligations.

Conference Call Completion

The investor conference call was successfully conducted as scheduled with comprehensive stakeholder participation:

Audio Recording Access

The company has provided the web link for accessing the complete audio recording of the conference call:

Key Participants

The conference call was led by senior management representatives who discussed the unaudited financial results:

• Mr. Shailesh Kumar - CEO, India Cluster
• Mr. Skandaprasad Seetharaman - Chief Financial Officer

Regulatory Compliance

VA Tech Wabag has maintained full compliance with regulatory requirements for this investor engagement. The audio recording has been uploaded following the completion of the conference call that was organized post declaration of both standalone and consolidated unaudited financial results for the quarter and nine months period ended December 31, 2025.

The notification was signed by Anup Kumar Samal, Company Secretary & Compliance Officer, and submitted to both NSE (Symbol: WABAG) and BSE (Scrip Code: 533269) on February 06, 2026, confirming the availability of the recording for stakeholder reference.