Hi-Green Carbon Limited — Board Meeting, 28-06-2025: Outcome of Board Meeting

Hi-Green Carbon has announced a board meeting on plans to invest Rs. 6 Cr in its wholly owned subsidiary, Shantol Recycling Pvt Ltd, via a rights issue. The subsidiary, which is setting up an industrial plant for waste recycling, aims to increase its paid-up capital to Rs. 11 Cr as part of bank credit sanction terms. There’s no change in control, just an infusion to support operations. This move aligns with Hi-Green's core focus on waste recycling and strengthens its subsidiary’s financial base ahead of plant commissioning.