Eco Recycling Ltd

Eco Recycling Acquisition Worth ₹1.93 Cr

Eco Recycling Ltd is acquiring the remaining 21.74% stake in its subsidiary, Ecoreco Park Private Limited, for ₹1.93 Crore. This consolidation aims to create an Integrated Circular Economy Park and gives the company absolute control over EPPL. The cash transaction is expected to be completed within six months.

Value

₹1.93 Cr

Execution

6 Months

Eco Recycling Q4 FY26 Results: Net Profit ₹7.1 Cr, Up 222.7% YoY

Eco Recycling Ltd reported revenue from operations of ₹18.6 Cr (+89.8% YoY) and net profit of ₹7.1 Cr (+222.7% YoY) for Q4 FY26.

Key figure

Net profit ₹7.1 Cr · +222.7% YoY

Eco Recycling Financial Results

Eco Recycling Ltd reported audited financial results for FY26 and approved the acquisition of the remaining 21.74% stake in its subsidiary, Ecoreco Park Private Limited, for ₹0.02 Crore. The acquisition will make Ecoreco Park a wholly-owned subsidiary, aligning with the company's long-term growth roadmap and infrastructure plans.

Value

₹0.02 Cr

Execution

6 Months

Eco Recycling Annual General Meeting

Eco Recycling Limited issued a corrigendum to its April 03, 2026 Postal Ballot Notice. The update clarifies the utilization of ₹12.24 Crore in preferential issue proceeds toward land, building, and technology acquisition. It also provides an updated post-issue shareholding pattern assuming full warrant conversion. Voting remains open until May 03, 2026.

Value

₹12.24 Cr

Execution

24 months

Eco Recycling Other Announcement

Eco Recycling Ltd submitted a compliance certificate under Regulation 74(5) for the quarter ended March 31, 2026. Issued by Bigshare Services, it confirms the timely dematerialisation, cancellation, and listing of securities received from depository participants. This is a routine regulatory disclosure with no direct financial impact.

Eco Recycling Annual General Meeting

Eco Recycling Limited has issued a Postal Ballot Notice seeking shareholder approval for a ₹12.24 Crore preferential issuance of 3,00,000 share warrants to its promoters. The funds will support land acquisition and advanced e-waste recycling technologies. Additionally, the company proposed appointing CA Shri Uttam Prakash Agarwal as an Independent Director for a five-year term.

Value

₹12.24 Cr

Execution

18 months

Eco Recycling Board Meeting Outcome

Eco Recycling Ltd's board approved the preferential issuance of 3,00,000 warrants to promoters at ₹408 per warrant, aggregating to ₹12.24 Crore. The warrants are convertible into equity shares within 18 months. The company also approved a postal ballot to seek shareholder approval for this capital infusion.

Value

₹12.24 Cr

Execution

18 months