
Joint Venture28 Oct 2026, 06:00 pm
Eco Recycling Ltd Incorporates Joint Venture ERI India Private Limited
AI Summary
Eco Recycling Limited has announced the formal incorporation of its 50:50 Joint Venture with Electronic Recyclers International, Inc. (ERI), USA. The JV company, named ERI India Private Limited, has 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 Limited and Electronic Recyclers International, Inc. each subscribing to 50,000 equity shares of ₹10 each, amounting to ₹5 Lakhs each. This JV signifies a strategic move to expand operations in the e-waste sector.
Key Highlights
- Eco Recycling Ltd formed a 50:50 Joint Venture named ERI India Private Limited.
- The JV company is incorporated in India with Electronic Recyclers International, Inc. (USA).
- ERI India will focus on e-waste management and sustainable recycling.
- Each partner has invested ₹5 Lakhs for 50% shareholding.
- The JV aims to expand operations in the growing e-waste sector.
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