Joint Venture28 Oct 2026, 05:40 pm
Eco Recycling Ltd Incorporates 50:50 JV ERI India Private Limited
AI Summary
Eco Recycling Limited has announced the formal incorporation of its 50:50 Joint Venture company, ERI India Private Limited, with Electronic Recyclers International, Inc. (ERI), USA. The JV, focused on e-waste management, material recovery, and sustainable recycling, received its Certificate of Incorporation from the Ministry of Corporate Affairs on October 28, 2026. Both Eco Recycling and ERI have subscribed to 50,000 equity shares each, amounting to ₹5 Lakhs per entity, contributing to an authorized share capital of ₹1 Crore.
Key Highlights
- Eco Recycling Ltd formed a 50:50 Joint Venture named ERI India Private Limited.
- The JV partners are Eco Recycling Ltd and Electronic Recyclers International, Inc. (USA).
- ERI India will focus on e-waste management and sustainable recycling.
- The JV has an authorized share capital of ₹1 Crore.
- Both partners invested ₹5 Lakhs each for initial share subscription.
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