Announced Wed, 28 Oct, 2026 · 17:55 IST
Eco Recycling incorporates 50:50 joint venture with ERI USA
ECORECO · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Eco Recycling and Electronic Recyclers International of the USA formally incorporated ERI India Private Limited on October 28, 2026 as a 50:50 joint venture. Each partner subscribed 50,000 shares of Rs 10 each, investing Rs 5 lakh. The new company will undertake electronic waste management, material recovery and sustainable recycling in India and overseas.
Likely market impact
The joint venture gives Eco Recycling a partner for expanding recycling operations, but the initial outlay is small and benefits will depend on execution.