Board to consider 50:50 JV with US-based ERI on July 20

Marquee Jv AnnouncedStrategic Transactions View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+5.7%Reaction day

₹481.00

prior close

₹493.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+5.6% vs market

Waste Management peers, median of 7sector-1.8%+7.5% vs sector

On the reaction day the stock moved 5.6 pts more than Nifty Microcap 250 and 7.5 pts more than its Waste Management peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.8

10m

+1.2

15m

+0.0

30m

+1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.7+0.1+5.6-1.8+7.5

Next day

+10.7-0.9+11.6-3.0+13.7

+9.1-0.2+9.4-3.2+12.4

+6.9-0.7+7.6-2.9+9.7

+2.9-1.8+4.7-6.6+9.6

+4.0-1.2+5.1-5.0+8.9

+4.6-2.0+6.6-7.2+11.8

15d

+3.3+0.0+3.3-7.1+10.4

+1.0+2.5-1.4-15.1+16.1

—+1.1—-21.1—

—+1.2—-27.2—

UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.