Eco Recycling Limited
Joint Venture Details
Eco Recycling Limited (Ecoreco) has formally incorporated M/s. ERI India Private Limited (ERI India) as a 50:50 Joint Venture with Electronic Recyclers International, Inc. (ERI), USA. This follows a previous communication dated July 20, 2026 regarding the joint venture arrangement.
Incorporation Details
- Date of Incorporation: October 28, 2026
- Incorporation Authority: Ministry of Corporate Affairs (MCA), Government of India
- Country of Incorporation: India
Business Operations
ERI India will carry on electronic waste (e-waste) management, material recovery, and sustainable recycling operations anywhere in India or abroad.
Capital Structure and Investment
- Authorized Share Capital: ₹1,00,00,000 (Rupees One Crore)
- Share Composition: 10,00,000 (Ten Lakh) Equity Shares of ₹10 (Rupees Ten) each
- Subscription Details:
- Eco Recycling Limited subscribed to 50,000 equity shares of ₹10 each, aggregating to ₹5,00,000 (Rupees Five Lakh)
- Electronic Recyclers International, Inc (USA) subscribed to 50,000 equity shares of ₹10 each, aggregating to ₹5,00,000 (Rupees Five Lakh)
- Ownership Structure: 50% shareholding each by both joint venture partners
- Consideration Type: Cash consideration
Regulatory Approvals
No governmental or regulatory approvals were required for the incorporation of the joint venture company.
Filing Details
The disclosure is made in compliance with SEBI LODR Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated January 30, 2026.