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Antony Waste Handling Cell announced a strategic partnership with Japan-based JFE Engineering Corporation for two (2) Waste to Energy plants in Andhra Pradesh. This marks the first Japanese foreign direct investment (FDI) into India`s Waste-to-Energy (WTE) sector and JFE Engineering Corporation`s entry into India`s waste management market. As part of the partnership, JFE Engineering will invest approximately �750 million to acquire a 25% equity stake in Antony Waste`s Waste to-Energy two (2) special purpose vehicle(s) (SPVs), with the remaining 75% held by Antony Waste. Further, JFE Engineering India will undertake the Engineering, Procurement and Construction of both Waste to Energy plants. The investment is being made specifically into the SPVs developing the Kadapa and Kurnool Waste-to-Energy projects in Andhra Pradesh, reinforcing a project-level partnership structure aligned with long-term execution and value creation. This investment marks a significant milestone in the India-Japan strategic partnership on sustainable infrastructure, aligned with the broader India-Japan Joint Vision 2025, which targets �10 trillion of Japanese investment into India`s priority sectors.

Antony Lara Enviro Solutions (Antony Lara), a material subsidiary of Antony Waste Handling Cell, has approved and entered into Share Subscription Agreement and Shareholders` Agreement with JFE Engineering Corporation, Japan (JFE) for an investment over � 750 Million in two Special Purpose Vehicles (SPVs), namely Kadapa Renew Energy and Kurnool Renew Energy, incorporated for setting up of two Waste-to-Energy Project in Andhra Pradesh. The proposed investment shall be made through a primary issuance of shares by the aforesaid SPVs, pursuant to which JFE Engineering Corporation will acquire a minority equity stake of 25% in each of the SPVs. Presently, both the SPVs are wholly owned subsidiaries of Antony Lara. Upon consummation of the transaction, the shareholding structure of the SPVs shall be 75% held by Antony Lara and 25% by JFE, and accordingly, the SPVs shall cease to be wholly owned subsidiaries of Antony Lara. The investment in both the SPVs will be made by Antony Lara and JFE in the aforesaid ratio.

Net profit of Antony Waste Handling Cell declined 27.03% to Rs 11.50 crore in the quarter ended December 2025 as against Rs 15.76 crore during the previous quarter ended December 2024. Sales rose 8.12% to Rs 262.44 crore in the quarter ended December 2025 as against Rs 242.74 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales262.44242.74 8 OPM %16.2821.42 - PBDT35.1443.43 -19 PBT13.1025.35 -48 NP11.5015.76 -27 Powered by Capital Market - Live News

Antony Waste Handling Cell will hold a meeting of the Board of Directors of the Company on 30 January 2026.Powered by Capital Market - Live News

Antony Waste Handling Cell announced that one of its subsidiary, AG Enviro Infra Projects has been awarded two contracts of Collection & Transportation of MSW in the city of Mumbai by Brihanmumbai Municipal Corporation. The contracts were awarded to consortium/Joint Venture of AG Enviro Infra Projects (51%), M/s. Jigar Transport Company (29%) & M/s. M. K. Enterprises (20%). The first contract valued at Rs 684 crore for a period of 7 years entails, collection & transportation of approximately 650 M.T. Per Day from A, B, C & D Wards of Mumbai City. The second contract valued at Rs 646 crore for a period of 7 years is for collection & transportation of approximately 600 M. T. Per Day from N, S & T Wards of Mumbai City. Powered by Capital Market - Live News