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Organic Recycling Systems LtdImportant, 24-04-2026: Company Update

24-04-2026 · 01:13 pm

Organic Recycling Systems Limited's Board approved a significant business expansion into integrated Build-Own-Operate (BOO) projects for Agro Valorisation, specifically focusing on Compressed Biogas (CBG) production. This strategic move involves an estimated total project investment of INR 1,000 Cr, with the company committing approximately INR 500 Cr, aiming to diversify into the high-growth clean energy sector. Additionally, Mr. Rahul Shetye was appointed Head-Human Resources, effective May 4. The Board also approved the standalone and consolidated audited financial results for the half-year and full financial year ended March 31, 2026. The company redeemed preference shares for 26.21 Cr and utilized 38.08 Cr in warrant proceeds for this and general corporate purposes.

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