Announced Mon, 13 Jul · 10:56 IST
Board to consider 50:50 JV with US-based ERI on July 20
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+10.7%1-day move
₹481.00
prior close
₹493.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+1.2—+1.6+10.7+9.1+6.9+2.9+4.0+4.6————
Up moveDown movePending
AI summary
Eco Recycling's board meets on July 20, 2026 to approve a 50:50 Joint Venture with Electronic Recyclers International (ERI), USA. The new JV entity in India will operate in IT Asset Disposition, enterprise recycling, circular economy, and secure data destruction. Board will also approve final Shareholders Agreement and Operating Agreement. Ecoreco gains ERI's global expertise and customer base; ERI leverages Ecoreco's Indian infrastructure.
Likely market impact
Strategic international JV could boost Ecoreco's global reach and revenue, likely positive for stock sentiment.