Organic Recycling Systems Bonus Issue
Organic Recycling Systems Ltd approved a bonus issue of 51,99,637 shares worth Rs.5.20 Crore. The shares will be credited by 3 Sept 2026.
- Value
- ₹5.20 Cr
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Organic Recycling Systems Ltd approved a bonus issue of 51,99,637 shares worth Rs.5.20 Crore. The shares will be credited by 3 Sept 2026.
Organic Recycling Systems commenced a pilot study for its 10 kg/h Downdraft Gasification System. The R&D initiative aims to convert hard biomass agricultural waste into biochar.
ORSL reported robust FY26 performance, transitioning from environmental engineering to a comprehensive CleanTech platform. Strategic focus on Build-Own-Operate (BOO) models and R&D-led high-margin verticals like green chemicals and carbon capture.
Organic Recycling Systems redeemed unlisted preference shares worth ₹15.15 Crore. The redemption was funded through proceeds from a fresh equity issue via warrant conversion.
Organic Recycling Systems Ltd allotted 7,40,000 equity shares following warrant conversions, receiving ₹15.15 Crore. This exercise increases the company's paid-up capital to over ₹10.39 Crore.
Organic Recycling Systems scheduled a board meeting for May 22, 2026. Directors will consider redeeming 0% non-cumulative redeemable preference shares.
Bhavi Shah converted 10,00,000 warrants into equity shares of Organic Recycling Systems Limited. This acquisition represents a 10.35% stake in the company's post-conversion capital.
Organic Recycling Systems allotted 10,00,000 equity shares upon warrant conversion, receiving ₹20.48 Crore. This exercise increases the company's total paid-up equity share capital.