BSEEco Recycling LtdLowNeutral
Announced Fri, 5 Sept · 21:38 IST

Notice of 31st Annual General Meeting of the Company to be held on Tuesday, September 30, 2025

Board & Shareholder Meetings View source PDF

Price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Eco Recycling Limited has announced its 31st AGM to be held on Tuesday, September 30, 2025 at 1:00 p.m. IST via Video Conferencing. The cut-off date for e-voting eligibility is September 23, 2025, with remote e-voting open from September 25 (9:00 AM) to September 29 (5:00 PM). Shareholders will vote on adopting the FY25 audited financial statements, re-appointing Mr. B K Soni as Director and Managing Director (for a 5-year term from Sept 1, 2025 to Aug 31, 2030 at a basic salary of Rs. 6 lakh/month), appointing two new Independent Directors (Dr. Sandip Chatterjee and Dr. Yeshwant Sontakke), and appointing CS Neha Poddar as Secretarial Auditor for a 5-year term. The annual report highlights strong FY25 results: consolidated revenue of Rs. 43.96 crore (up ~57%), standalone EBITDA of Rs. 33.56 crore (up ~59%), and standalone PAT of Rs. 23.33 crore (up ~44%), with the company remaining debt-free after a Rs. 50 crore capacity expansion. The company also mourns the passing of Independent Director Mr. Srikrishna Bhamidipati.

Likely market impact

Routine AGM notice with key items to watch: re-appointment of the founder-promoter MD and addition of two technically strong Independent Directors signal continuity and governance reinforcement. The strong FY25 financial growth and ongoing capacity expansion to 31,200 MTPA (including lithium-ion battery handling) underpin a positive operational outlook for shareholders.