Key Quantitative Figures
- Number of shares allotted: 10,00,000 (Ten Lakh) fully paid-up Equity Shares
- Face value per share: ₹10
- Issue price per share: ₹161
- Premium per share: ₹151
- Total consideration received: ₹16,10,00,000 (Rupees Sixteen Crore Ten Lakh only)
Dates of Action
- Meeting of Preferential Allotment Committee: November 04, 2026 (commenced at 2:30 PM, concluded at 2:45 PM)
- Date of allotment: November 04, 2026
- Shareholder approval date: September 30, 2026 (18th Annual General Meeting)
Parties Involved
- Issuer: Organic Recycling Systems Limited
- Allottee: Mr. Sarang Bhand, Promoter of the Company
- Committee: Preferential Allotment Committee of the Board of Directors
- Regulatory reference: SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Purpose or Rationale
Preferential allotment for cash consideration to a promoter of the company.
Capital Structure Impact
- Pre-allotment paid-up equity share capital: ₹15,59,89,050 divided into 1,55,98,905 Equity Shares of ₹10 each
- Post-allotment paid-up equity share capital: ₹16,59,89,050 divided into 1,65,98,905 Equity Shares of ₹10 each
- Increase in share capital: ₹1,00,00,000
- The newly allotted shares rank pari passu with existing equity shares in all respects, including dividend and other corporate benefits
Subscription Details
- Number of investors: 1 (One)
- Subscription amount received through banking channels in the designated bank account of the Company
- Allotment made after receipt of full subscription amount of ₹16,10,00,000
Allottee-wise Details
| Name | Category | Shares Allotted | Face Value (₹) | Issue Price (₹) | Premium (₹) | Total Consideration (₹) |
| Mr. Sarang Bhand | Promoter | 10,00,000 | 10 | 161 | 151 | 16,10,00,000 |