Pondy Oxides & Chemicals Limited — JV/Acquisition, 01-10-2025: Acquisition

Pondy Oxides & Chemicals (POCL) has invested $500,007.60 in ACE Green Recycling Inc., acquiring a 0.29% stake. This strategic move marks POCL's entry into the innovative battery recycling business, focusing on lead and lithium batteries. ACE Green provides sustainable, zero-emission recycling solutions globally. The investment diversifies POCL's portfolio, tapping into the growing circular economy for critical battery materials. While the stake is small, it positions POCL in a high-growth, green technology segment, enhancing its long-term strategic capabilities.