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Eco Recycling informs about outcome of board meeting

24 Dec 2024 Evaluate
Eco Recycling has informed that the Board of Directors of the Company at their meeting held today, Monday, December 23, 2024 has considered and approved subject to the approval of the shareholders of the Company by way of postal ballot and subject to such regulatory/statutory approvals as may be required, for raising of funds, by issue of equity shares through qualified institution placement under applicable laws. For the purpose of giving effect to the above proposed issuance of equity shares, the Board has constituted and authorised the fund raising committee of the Board, to decide the structure, form of issuance, price, discounts, terms and conditions thereof and all other matters related thereto. The details as required to be disclosed under Regulation 30 of the Listing Regulations read with SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed as Annexure I. The meeting of the Board of Directors commenced at 1:00 pm and concluded at 1:25 pm. The above intimation shall also be made available on Company’s website at www.ecoreco.com

The above information is a part of company’s filings submitted to BSE.

Eco Recycling Share Price

394.15 -4.60 (-1.15%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
VA Tech Wabag 1424.50
ION Exchage 396.80
Race Eco Chain 130.13
RESGEN 63.60
GEM Enviro 47.99
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