Namo eWaste Management Limited — Updates, 14-07-2025: Press Release

NAMO eWaste has commenced operations at its new Lithium-Ion Battery Recycling Plant in Nashik. This 12,240 MTPA facility is a major step towards scaling total recycling capacity to 68,000 MTPA by Q3 FY26, aligning with India's e-waste compliance. The plant is expected to boost operating leverage, cut logistics costs, improve turnaround times, and drive margin expansion through increased efficiency. This strategic move solidifies NAMO's market position. An upcoming Hyderabad plant is also slated for Q3 FY25. The company targets 45-50% CAGR over three years.