
AGM/EGM7 Sept 2026, 06:20 pm
Organic Recycling Systems Ltd Calls 18th AGM, Proposes Preferential Issue
AI Summary
Organic Recycling Systems Ltd has announced its 18th Annual General Meeting (AGM) to be held on September 30, 2026, via Video Conferencing. The agenda includes adopting the audited financial statements for the fiscal year ended March 31, 2026, and re-appointing Mr. Yashas Bhand as a Director. A key item of special business is the proposed preferential issue of up to 10,00,000 equity shares at ₹161 per share to promoter Mr. Sarang Bhand, aiming to raise ₹16.10 Crores. This preferential issue is subject to regulatory approvals and will be conducted on a private placement basis.
Key Highlights
- 18th AGM scheduled for September 30, 2026, via VC/OVAM.
- Adoption of FY26 audited standalone and consolidated financials.
- Re-appointment of Mr. Yashas Bhand as Director.
- Proposed preferential issue of 10 Lakh shares at ₹161 each.
- Aim to raise ₹16.10 Crores via preferential issue to promoter.
Price Impact
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