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 the allotment of 4,256 equity shares to eligible employees under its WABAG Centenary Stock Option Scheme 2023. The Board of Directors approved this allotment through a circular resolution dated January 23, 2026, at 3:52 PM IST, marking another milestone in the company's employee incentive program.

Share Allotment Details

The allotment encompasses key financial parameters that demonstrate the company's commitment to employee participation in its growth story:

Impact on Share Capital Structure

The allotment has resulted in a marginal increase in the company's equity base, reflecting controlled dilution through the employee stock option program:

Regulatory Compliance and Listing

VA TECH WABAG LIMITED maintains its listing status on major Indian stock exchanges with proper regulatory disclosures. The company filed the required statement under Regulation 10(b) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, on February 07, 2024, with filing numbers BSE: 194468 and NSE: 39929.

The newly allotted equity shares carry distinctive numbers from 62297253 to 62301508 (both inclusive) and will rank pari passu with existing equity shares. These shares are identical in all respects to the existing shares and do not carry any lock-in restrictions.

Stock Exchange Information

VA TECH WABAG LIMITED's shares continue to be listed and traded on both major Indian stock exchanges:

• BSE Limited: Scrip Code 533269
• National Stock Exchange: Symbol WABAG

The company secretary and compliance officer, Anup Kumar Samal (Membership No. FCS 4832), signed the regulatory filing, ensuring compliance with all applicable listing obligations and disclosure requirements under SEBI regulations.