StockWatch
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Waste Management
Shareholding19 May 2026, 10:45 am

Organic Recycling: Bhavi Shah Acquires 10.35% Stake

AI Summary

Bhavi Shah acquired a 10.35% stake in Organic Recycling Systems Limited through the conversion of warrants into equity shares. This acquisition resulted in Bhavi Shah holding 10,00,000 shares, representing 10.35% of the total share/voting capital. The acquisition was completed on March 15, 2026, following the conversion of warrants into equity shares with a face value of ₹10 each. The equity share capital of the company increased from ₹8,65,92,750 to ₹9,65,92,750 after the acquisition.

Key Highlights

  • Bhavi Shah acquired 10.35% stake in Organic Recycling Systems Ltd.
  • Acquisition via conversion of warrants into equity shares.
  • Post-acquisition, Bhavi Shah holds 10,00,000 shares.
  • Equity share capital increased to ₹9,65,92,750 after acquisition.
  • Acquisition date: March 15, 2026.