Namo eWaste Management Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Namo Ewaste Management Limited has efficiently utilized its Rs. 51.2 Cr public issue funds as planned. Rs. 7 Cr was invested in setting up a new factory at Nashik through its subsidiary, Techeco Waste Management LLP. Around Rs. 20.25 Cr supported working capital requirements, and Rs. 7.7 Cr was allocated for general corporate purposes. Minor variations in issue expenses were addressed promptly. This effective capital deployment boosts the company’s expansion and operational strength.