Eco Recycling Ltd — Important, 09-06-2026: Company Update

June 09, 2026

BSE Limited

Phiroze Jeejeebhoy Towers

Dalal Street

Mumbai -400001

Ref. : Scrip Code: 530643; Scrip Name: ECORECO; ISIN: INE316A01038

Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015 (Listing Regulations) -In Principal Approval for the issue and allotment

of "3, 00,000 warrants convertible into 3, 00,000 equity shares of Rs. 10/-each at a price of

Rs. 411 /-to promoters on a preferential basis

Dear Sir/Madam,

Pursuant to Regulation 30 read with Schedule Ill of Listing Regulations, we wish to inform you that BSE

Limited vide letter dated June 9, 2026 bearing reference no. LOD/PREF/PB/FIP/332/2026-27, has granted

the In-Principle approval in terms of Regulation 28(1) of the SEBI Listing Regulations, 2015, for the

issue and allotment of "3,00,000 warrants convertible into 3,00,000 equity shares of Rs. 10/-each at

a price not less than Rs. 411 /-to promoters on a preferential basis."

The copy of In-principle approval letters as mentioned above are enclosed herewith.

The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master

Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026, is enclosed

herewith as Annexure -A.

This disclosure will also be hosted on the Company's website viz. https://ecoreco.com/

We request you to take the above information on record.

Thanking you,

For Eco Recycling Li~it . ~CLJ&~

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Arvindra S gh Parm

Company Secretary & Compliance Officer

ACS: 71706

Encl: As above

422, The Summit Business Park, Near WEH Metro Station, Andheri-Kurla Road, Andheri (E), Mumbai -400 093.

Tel.: +91 22 4005 2951 / 52 / 53 Fax: +91 22 4005 2954 Email: info@ecoreco.com Website: www.ecoreco.com

Gwaste recycling facility registered with CPCB & MPCB I R2V3 RESPONSIBLE RECYCLING TM

CIN: L74120MH1994PLC079971

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Annexure -A

Relevant Disclosure as required pursuant to Regulation 30 of the SEBI Listing Regulations read with

SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026

Sr. Particulars Description

No.

1 Name of the regulatory or licensing authority BSE Limited ("BSE")

The In-Principle approval granted by BSE for

Brief details of the approval/ license the issue and allotment of "3,00,000 warrants 2

obtained/ withdrawn/ surrendered; convertible into 3,00,000 equity shares of Rs. 10/-each at a price not less than Rs. 411 /-to

promoters on a preferential basis."

Upon receipt of In -Principle approvals, the

Company is permitted to issue and allot

3 Impact/ relevance of such approval/license to 3,00,000 warrants convertible into 3,00,000 the listed entity; equity shares of Rs. 10/-each at a price not

less than Rs. 411 /-to promoters on a

preferential basis."

Withdrawal/ cancellation or suspension of

licence/approval by the regulatory or

licensing authority, with reasons for such 4 Not Applicable

action, estimated impact (monetary or

otherwise) on the listed entity and penalty, if

any

Period for which such approval/license 5

is/was valid; As per the relevant applicable provisions

The actual impact (monetary or otherwise)

along with corrective actions taken by the

6 listed entity pursuant to the withdrawal, Not Applicable

cancellation or suspension of the key license/

approval.

422, The Summit Business Park, Near WEH Metro Station, Andheri-Kurla Road, Andheri (E), Mumbai -400 093.

Tel.: +91 22 4005 2951 / 52 / 53 Fax: +91 22 4005 2954 Email: info@ecoreco.com Website: www.ecoreco.com

6waste recycling facility registered with CPCB & MPCB I R2V3 RESPONSIBLE RECYCLING™

CIN: L74120MH1994PLC079971

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LO D/PREF /PB/Fl P /332/2026-27

To,

The Company Secretary,

Eco Recycling Ltd.

Unit No.422, 4th Floor, The Summit Business Park,

Near WEH Metro Station, Andheri Kurla Road,

Andheri (E), Chakala MIDC, Mumbai, Maharashtra, 400093.

SSE~

The Power of Vibrance

June 9, 2026

Re: 'In-principle' approval under Regulation 28(1) of the SEBI (Listing Obligations and

Disclosure Requirements), Regulations, 2015.

Dear Sir/Madam,

We refer to your application seeking our "3,00,000 warrants convertible into 3,00,000

equity shares of Rs. 10/-each at a price not less than Rs. 411 /-to promoters on a

preferential basis."

The Exchange hereby grants its 'in-principle' approval for the aforesaid issue. This 'in-

principle' approval should not be construed as our approval for listing of aforesaid security,

and you are required to duly and separately comply with the requirements in respect

thereof.

You are advised to ensure that the issue and allotment of securities is strictly in accordance

with the provisions of the Companies Act, 2013, Securities Contracts (Regulation) Act, 1956,

the Securities and Exchange Board of India Act, 1992, the Depositories Act, 1996 including

the Rules, Regulations, Guidelines, etc. made there under, Chapter V of SEBI (Issue of Capital

and Disclosure Requirements) Regulations, 2018 (ICDR Regulations), the SEBI (Listing

Obligations and Disclosure Requirements), Regulations, 2015 (LODR Regulations) and the

Listing Agreement signed with us. In addition, you shall also obtain such statutory and other

approvals as are required for the purpose.

Further, the_ company is advised to strengthen internal controls (to monitor trades being

executed by the proposed allottees in the scrip of the company) before allotment of

securities in order to avoid any non-compliances in respect of trades being executed by the

allottees in contravention to provisions of Chapter V of SEBI (ICDR) Regulations. In this

regard,

a) Company is advised to obtain an undertaking from the allottee(s) confirming that

they shall not do intra-day trading in the scrip of the company or any sale in the scrip

of the company till the allotment date of the security as required under SEBI (ICDR)

Regulations.

Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai 400001, India. T: +91 22 2272 1234/33 I E: corp.comm@bseindia.com www.bseindia.com I Corporate Identity Number : L67120MH200SPLC155188

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SSE~

The Power of Vibrance

b) The company may note that the responsibility/onus is solely on the Issuer company to

verify the above (a) and ensure compliance with applicable provisions including

Regulation 167(6) of SEBI ICDR regulations, 2018.

c) The company may also note that any non-compliances, if observed by the exchanges

post the undertaking and verification by the Issuer company may impact the listing of

such shares.

On allotment of securities pursuant to this 'in principle' approval you are required to make a

listing application without delay, with applicable fees, in terms of Regulation 14 of the LODR

Regulations and comply with the post issue formalities.

Listing application and the checklist for post issue listing formalities can be downloaded

from the link: https:ljwww.bseindia.com/static/about/downloads.aspx. Further, it should

be noted by Depositories and the Company that in case of allotment of Convertible

Securities, there would be automatic release of excess lock-in period of Pre-Preferential

Holding of allottees by Depositories in compliance with SEBl(ICDR) Regulations,2018 without

requirement of any NOC by the Exchange.

In addition to above, the company should note that as per Schedule XIX -Para (2) of ICDR

Regulations and as specified in SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094

dated June 21, 2023, "the issuer or the issuing company, as the case may be, shall, make an

application for listing, within twenty days from the date of allotment, to one or more

recognized stock exchange(s)" along with the documents specified by stock exchange(s)

from time to time. Any Non-compliance with the above requirement will attract, the fine as

mentioned in SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023.

The Exchange reserves its right to withdraw this 'in-principle' approval at any stage if the

information submitted to the Exchange is found to be incomplete/ incorrect/ misleading/

false or if it contravenes any Rules, Bye-laws and Regulations of the Exchange, LODR

Regulations, ICDR Regulations and Guidelines/ Regulations issued by any statutory

authorities etc.

Yours faithfully,

Janardhan Wagle

Deputy Vice President

Prachi Babadi

Manager

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