Resgen Ltd Abandons Acquisition of Resgen Protech, Acquires Assets for Tyre Pyrolysis Business

Resgen Ltd has announced that the proposed acquisition of Resgen Protech Private Limited could not be completed due to the inability to secure requisite regulatory approvals within the envisaged timelines. Consequently, the Company has acquired the intended assets pertaining to the project from the target Company for Tyre Pyrolysis Business. This business is being undertaken in the Company itself using Advanced Batch Automated Process/Continuous Process, LDO/LPG/LSHS fired reactors with a concept of zero emission and zero discharge.