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Board Meeting Outcome

Eco Recycling Board Meeting Outcome

Eco Recycling Ltd's board approved the preferential issuance of 3,00,000 warrants to promoters at ₹408 per warrant, aggregating to ₹12.24 Crore. The warrants are convertible into equity shares within 18 months. The company also approved a postal ballot to seek shareholder approval for this capital infusion.

Key figures
Value₹12.24 Cr
Execution period18 months
Source

BSE filing, NSE: ECORECO. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Eco Recycling Ltd: key numbers

Share price
₹399.00
Market cap
₹769.9 Cr
Revenue (annual)
₹48.18 Cr
Net profit (annual)
₹23.12 Cr
P/E (TTM)
32.0×Sector 21.0×
Promoter holding
73.35%+0.00% QoQ
FII holding
0.25%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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