we have enclosed the copy of in-principal approval granted by BSE Limited together with required annexure.

BSE has granted in-principle approval for Eco Recycling Ltd to issue 3,00,000 warrants, each convertible into one equity share of Rs. 10 face value, at a price not less than Rs. 411 per share. The warrants will be allotted to existing promoters on a preferential basis, implying a potential fund raise of around Rs. 12.33 crore (3 lakh x Rs. 411) if fully exercised. The company must now complete the allotment and apply for listing of the resulting equity shares within 20 days of allotment. Promoters will need to pay an upfront warrant exercise price as per SEBI ICDR rules before converting warrants into shares.