StockWatch
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Waste Management
Joint Venture28 Oct 2026, 05:31 pm

Eco Recycling Ltd Incorporates Joint Venture ERI India Private Limited

AI Summary

Eco Recycling Ltd has formally incorporated its 50:50 Joint Venture with Electronic Recyclers International, Inc. (ERI), USA, named ERI India Private Limited. The company received its Certificate of Incorporation from the Ministry of Corporate Affairs on October 28, 2026. ERI India will focus on electronic waste (e-waste) management, material recovery, and sustainable recycling. The authorized share capital is ₹1 Crore, with both Eco Recycling Ltd and ERI, USA, subscribing to 50,000 equity shares each, amounting to ₹5 Lakhs per entity. Eco Recycling Ltd will hold 50% of the shareholding in the new venture.

Key Highlights

  • Eco Recycling Ltd formed a 50:50 Joint Venture with ERI, USA.
  • The JV company, ERI India Private Limited, has been incorporated.
  • ERI India will engage in e-waste management and recycling.
  • Initial investment of ₹5 Lakhs by each partner.
  • Eco Recycling Ltd will hold 50% stake in the JV.