Please find enclosed herewith Press Release in respect of Organic Recycling Systems Limited (ORSL) in collaboration with University of Southern Denmark and IIT Mumbai Receives International ....
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Organic Recycling Systems Ltd (ORSL) has received a research grant of DKK 1,028,800 (approximately ₹1.18 crore) from the Danish Agency for Higher Education and Science (DAHES) under the Global Innovation Network Programme (GINP). The grant is for a project titled 'Danish-Thai-Indian Circular Bioeconomy Network for Mango Waste Valorisation,' coordinated by the University of Southern Denmark, with IIT Mumbai and Thai institutions as partners. The project will run from January 2026 to March 2027, focusing on converting agricultural residues into high-value bioproducts, bioenergy, and sustainable materials. ORSL's ORS-RIC (Research Innovation Centre) will contribute its expertise in anaerobic digestion, biogas/CBG production, and organic waste processing. The grant is a research funding award rather than a commercial contract.
This is a modest research grant (around ₹1.18 crore) and signals international validation of ORSL's bioeconomy technology rather than immediate revenue. It strengthens the company's R&D credentials and global visibility, but is unlikely to materially move the stock in the short term. Long-term, it may open doors for technology exchange and scalable commercial applications.