Key Event Details

The EGM of Organic Recycling Systems Limited is scheduled to be held on Monday, August 3, 2026 at 11:30 AM (IST) through Video Conference/Other Audio-Visual Means.

Agenda and Resolution Details

Item No. 1: To approve the issue of bonus equity shares by capitalisation of reserves

  • Resolution Type: Ordinary Resolution
  • Bonus Ratio: 1 (One) equity share for every 2 (Two) existing equity shares held
  • Share Face Value: ₹10 each
  • Capitalization Amount: Not exceeding ₹5,19,96,370/- (approximately ₹5.2 crore)
  • Source of Funds: Securities premium account (eligible for capitalization, net of accumulated deficit reserve) and capital redemption reserve account as at March 31, 2026
  • Record Date: To be fixed by the Board of Directors

Voting and Shareholder Information

Cut-off Date: Monday, July 27, 2026 for determining member eligibility

Remote e-Voting Period:

  • Commencement: Thursday, July 30, 2026 at 9:00 AM IST
  • Conclusion: Sunday, August 2, 2026 at 5:00 PM IST
  • Service Provider: National Securities Depository Limited (NSDL)

Scrutinizer Appointment: Mr. Anish Gupta or Mr. Manish Rajnarayan Gupta, partners of M/s. VKMG & Associates LLP, Practicing Company Secretaries

Implementation Timeline

The bonus issue shall be implemented within two months from the date of the Board meeting (July 6, 2026) as per SEBI ICDR Regulation 295 proviso.

Company Confirmations

The company confirms:

1. The bonus issue is not in lieu of dividend

2. No defaults in payment of interest or principal on fixed deposits or debt securities

3. No defaults in statutory employee dues (PF, gratuity, bonus)

4. No promoters or directors declared as Fugitive Economic Offenders

5. No outstanding partly-paid shares exist

6. Company satisfies all eligibility conditions under Companies Act, 2013 and SEBI ICDR Regulations, 2018

Technical Details

  • Allotment will be made only in dematerialized form
  • Physical shareholders' bonus shares will be transferred to Unclaimed Securities - Suspense Escrow Account
  • Fractional shares will be ignored with no allotment
  • New shares will rank pari passu with existing equity shares
  • Foreign shareholder allocations subject to RBI approval if applicable

Document Availability

The Notice of EGM is available on the company's website at https://organicrecycling.co.in/agm-egm-notice/ and on BSE website at www.bseindia.com.

Registered Office Details

Organic Recycling Systems Limited

1003, The Affaires, Plot No.19, Sector-17, Sanpada, Navi Mumbai - 400705