Toshiba announces UEM India Private Limited name change to Toshiba Water Solutions Private Limited

19 Feb 2019 - New Delhi - Toshiba - a global leader in manufacturing electrical system for water supply and sewerage facilities for over 40 years, today announced the name change of its 100% Indian subsidiary - UEM India Private Limited (UEM) to Toshiba Water Solutions Private Limited. Toshiba acquired 100 percent stake in UEM in March 2018. Current shareholding in UEM is shared between Toshiba Corporation (56.11%) and Toshiba Infrastructure Systems & Solutions Corporation (43.89 %). The new name is effective from February 12, 2019 and will be implemented across the company's product and services.

"UEM is already an international company having executed over 400 projects in over 30 countries. With offices in five countries, UEM provides complete, single-source services from design and engineering, to construction and installation of bespoke water, wastewater and municipal water and wastewater treatment facilities across the world. Now with the formal adoption of Toshiba name, the company will have access to wider customer base in India and overseas, while reiterating the Japanese quality and commitment that Toshiba name carries. Building on from our global experience, we design advanced technologies and solutions to ensure their long-term sustainability for water management projects across the world", said Koichi Matsui, Chairman and Managing Director, Toshiba Water Solutions Private Limited.

Toshiba Water Solutions Private Limited will continue to have its corporate office in Gurugram, India and specialize in providing turn-key services in water and wastewater management, staying committed to the mission of Clean India - FOR THE NEXT INDIA. Toshiba Water Solutions will provide complete, one-stop solution from design and engineering to construction, installation, operation and maintenance of water and wastewater treatment facilities. Toshiba Water Solutions will offer multiple modern technologies like ZLD (Zero liquid Discharge) using HEROTM (High Efficiency Reverse Osmosis), Anaerobic Biological Treatment (ABT), Activated Sludge Process (ASP), Sequential Batch Reactor (SBR), Membrane Bio Reactor (MBR), etc.

Company Overview

New company name: Toshiba Water Solutions Private Limited
Date of name change: February 12, 2019
Share Holding: Toshiba Corporation 56.11%; Toshiba Infrastructure Systems &Solutions Corporation: 43.89 %
Representative: Koichi Matsui, Chairman and Managing Director
Corporate Office: Gurugram, India
Project sites: Executed over 400 projects in more than 30 countries
Office sites: India, Trinidad & Tobago, Oman, USA, and Philippines
Headcount: 660 (as of February 1, 2019)
Principal business: EPC and O&M services for water & wastewater treatment plants
Stated capital: INR133.95 million

About Toshiba Corporation

Toshiba Corporation leads a global group of companies that combines knowledge and capabilities from over 140 years of experience in a wide range of businesses-from energy and social infrastructure to electronic devices-with world-class capabilities in information processing, digital and AI technologies. These distinctive strengths position Toshiba to become one of the world's leading cyber-physical-system technology companies. Guided by the Basic Commitment of the Toshiba Group, "Committed to People, Committed to the Future," Toshiba contributes to society's positive development with services and solutions that lead to a better world. The Group and its 132,000 employees worldwide secured annual sales surpassing 3.9 trillion yen (US$37.2 billion) in fiscal year 2017. Find out more about Toshiba at www.toshiba.co.jp/worldwide/about/index.html

About Toshiba Infrastructure Systems & Solutions Corporation

Toshiba Infrastructure Systems & Solutions Corporation (TISS) is the core company promoting Toshiba Group's business in social infrastructure. Split off from Toshiba Corporation in 2017, TISS and its group companies promote realization of a reliable products and systems for a sustainable future that is safe and secure, and seeks to improve value for customers with solutions for social and industrial infrastructure, buildings and facilities. Find out more about TISS at http://www.toshiba.co.jp/cs/en/index.htm

For more information, please contact:

Toshiba India Private Limited

Abhishek Mehta / Sharda Vig
abhishek.mehta@toshiba-india.com
sharda.vig@toshiba-india.com

PR GENES

Aeshna Makkar/ Adish Jain
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