International Conveyors Limited — JV/Acquisition, 26-11-2025: Acquisition

International Conveyors (INTLCONV) has acquired 121,540 equity shares of Ganesha Ecosphere Ltd. for `11.28 Crore`. This is an investment into Ganesha Ecosphere, a key player in India's rPET Fibre manufacturing sector, known for pioneering production from PET bottle scrap. The target entity reported a turnover of `1465.54 Crore` in FY24-25, highlighting its significant market presence. This acquisition signals INTLCONV's financial interest in a leader within the circular economy segment.