Press Release in respect of ORSL Research and Innovation Centre Secures NABL Accreditation, unlocking New Avenues in Testing, R&D and Technology Validation.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Organic Recycling Systems Ltd (ORSL) announced that its Research & Innovation Centre (RIC) at MIDC Mahape, Navi Mumbai has received NABL accreditation under ISO/IEC 17025:2017, certifying the lab's technical competence in testing and calibration. This accreditation allows ORSL to offer globally accepted third-party testing, technology validation, performance benchmarking, and sponsored research services to external clients, beyond its internal R&D use. The RIC is expected to generate incremental and recurring revenues through these new commercial activities. The development supports ORSL's core business in waste management, compressed biogas, and renewable energy projects by providing credible, standardized testing outcomes.
This is a positive development for shareholders as it opens new revenue streams from third-party testing and validation services, potentially improving margins on existing R&D infrastructure. While the accreditation strengthens ORSL's credibility and competitive position, the actual revenue impact will depend on market adoption and client acquisition and is not quantified in this announcement.