Antony Waste Incorporates Subsidiary Mumbai Eco Solutions for BMC Projects
Antony Waste Handling Cell Limited (AWHCL) announced the incorporation of its material wholly owned subsidiary, AG Enviro Infra Projects Private Limited's, Special Purpose Vehicle (SPV) named Mumbai E...
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Why is Antony Waste Handling Cell Limited in the news today?
Antony Waste Handling Cell Limited (AWHCL) is in the news due to the incorporation of a subsidiary to undertake new projects awarded by a municipal corporation is a positive development, indicating business expansion and growth.
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Antony Waste Incorporates Subsidiary Mumbai Eco Solutions for BMC Projects
December 30, 2025, 10:26 AM
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Antony Waste Handling Cell Limited (AWHCL) announced the incorporation of its material wholly owned subsidiary, AG Enviro Infra Projects Private Limited's, Special Purpose Vehicle (SPV) named Mumbai Eco Solutions Private Limited. This incorporation, effective December 30, 2025, is in India. Mumbai Eco Solutions Private Limited has been established to undertake two recently awarded Collection and Transportation projects by the Brihanmumbai Municipal Corporation (BMC).
AG Enviro Infra Projects Private Limited, the holding company of Mumbai Eco Solutions, has subscribed to 5,100 equity shares at a cost of ₹51,000. This subscription results in Antony Waste Handling Cell Limited gaining a controlling interest of 51% in Mumbai Eco Solutions Private Limited. The incorporation falls under the solid waste management industry, and the consideration for the shares is in cash.
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