Eco Recycling Ltd board approved acquiring remaining 21.74% stake in subsidiary Ecoreco Park Pvt Ltd to make it wholly owned.
Acquisition valued at ₹193.25 lakhs based on registered valuer's report at ₹38.65 per share, using cash consideration.
Transaction classified as related party but conducted at arm's length, supporting company's circular economy infrastructure vision.
Completion expected within six months for EPPL, which reported investment income of (₹31.11 lakhs) in FY2024-25.