Ganesha Ecosphere Limited — Important, 15-04-2025: General Updates

Ganesha Ecosphere Limited has made a strategic investment of Rs. 2.45 Crore in Ganesha Recycling Chain Private Limited (GRCPL), an associate company, by subscribing to 2,45,000 equity shares. The shares were issued at an aggregate price of Rs. 100 each, which includes a premium of Rs. 90. This move aims to bolster the company's raw material supply chain for PET waste recycling and reflects its commitment to sustainable business practices. With this investment, Ganesha Ecosphere maintains a 49% stake in GRCPL, ensuring that it remains an associate company. The transaction is poised to enhance Ganesha Ecosphere's operational efficiency and market position within the plastic recycling sector, paving the way for potential growth opportunities.