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Cerebra Integrated gains on getting KSPCB clearance for its E-Waste Plant

Cerebra Integrated Technologies Ltd. | Trading | Miscellaneous | BSE: 532413 | NSE: CEREBRAINT

28 Mar 2013 Evaluate

Cerebra Integrated Technologies is currently trading at Rs 15.60, up by 0.35 points or 2.30% from its previous closing of Rs 15.25 on the BSE.

The scrip opened at Rs 15.80 and has touched a high and low of Rs 15.80 and Rs 14.60 respectively. So far 39662 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 37.40 on 08-May-2012 and a 52 week low of Rs 13.75 on 21-Mar-2013.

Last one week high and low of the scrip stood at Rs 19.70 and Rs 13.75 respectively. The current market cap of the company is Rs 72.14 crore.

The promoters holding in the company stood at 7.16 %, while Non-Institutions held 92.84% stake.

The Karnataka State Pollution Control Board (KSPCB) has issued clearance to Cerebra Integrated Technologies, Bangalore to establish its integrated 96,000 MT capacity E-Waste recycling plant being set up on 12 acre of land at Narsapura Industrial Area on the Old Madras Road vide their letter dated March 22, 2013. The approval is for E-Waste recycling, including processing and recovery of Precious Metals like Gold, Silver, Platinum, Palladium and Rhodium.

Cerebra plans to complete this project by December 2013 and once commissioned would be one of the largest E-Waste recycling plants in the sub-continent. This would also probably be the only truly integrated E-Waste recovery facility facilitating complete recovery of the E-Waste, Data Wiping and Destruction Services, Repair, Refurbishing and Re-Marketing Services as also full-fledged Asset management services.

Besides, the company has signed a share purchase agreement (SPA) with Enviro-Hub Holdings, Singapore for 100% acquisition of Enviro’s wholly owned subsidiary viz., Cimelia Resource Recovery, Singapore, a global leader in E-Waste and Precious Metal recovery. Pursuant to this, the company with this acquisition and with the addition of the Bangalore facility is poised to become a truly global leader in the area of E-Waste management.

Cerebra Integ. Tech Share Price

5.13 -0.02 (-0.39%)

20-Apr-2026 14:35 View Price Chart

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Cerebra Integrated gains on getting KSPCB clearance for its E-Waste Plant

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