Acquisitions28 Apr 2026, 11:17 am
Eco Recycling revises acquisition value to ₹193 Lacs; approves Q4 results
AI Summary
Eco Recycling Ltd has issued a revised outcome for its Board Meeting held on April 27, 2026. The key revision involves rectifying the value of a proposed transaction from ₹1.93 Lacs to ₹193 Lacs, as per clause 4 of Annexure II. This transaction pertains to the acquisition of the remaining stake in M/s Ecoreco Park Private, which will make it a Wholly Owned Subsidiary of Eco Recycling Ltd. Additionally, the Board of Directors approved the Audited Financial Results for the fourth quarter and the financial year ended March 31, 2026, on both Standalone and Consolidated bases.
Key Highlights
- Eco Recycling revised a transaction value from ₹1.93 Lacs to ₹193 Lacs.
- The revision relates to the acquisition of remaining stake in Ecoreco Park Private.
- Ecoreco Park Private will become a Wholly Owned Subsidiary.
- Board approved Audited Financial Results for Q4 and FY26.