Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of IFL Enterprises Limited, at its ....
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On 24th July 2025, the Board of IFL Enterprises approved the company's entry into the Organic Waste Management & Recycling business as part of a strategic diversification into sustainable sectors. The company will immediately begin hiring a specialised R&D and technical team, evaluating machinery and equipment for waste processing, and surveying land for processing units in industrial and municipal zones. Management highlighted that the industry is projected to grow at a CAGR of 10–12% over the next five years and expects long-term revenue and shareholder value creation. The Board also deferred its previously proposed Green Energy Powerplant Contracting venture, keeping it in abeyance until the waste management vertical stabilises.
This is a directional diversification move into a growing sector rather than an immediate revenue trigger, so near-term financial impact is limited but it could broaden the company's business mix over time. Shareholders should watch for further updates on land acquisition, capex, and actual revenue contribution from this new vertical.