Corporate News
Organic Recycling Systems Ltd. approved its migration from the SME platform to the Main Board of the BSE Limited and listing on the National Stock Exchange of India Limited, subject to shareholder and regulatory approvals. The company also approved an employee stock option scheme for eligible employees and subsidiaries, a strategic investment in Shreyam Manek Agro Private Limited via Compulsorily Convertible Debentures (CCDs) up to Rs 26,49,06,100, an enhancement of a corporate guarantee to HDFC Bank Limited from Rs 5.00 crore to Rs 8.00 crore in favor of Industrial Associates, a partnership firm in which Organic Recycling Systems holds a 99.9% interest, and appointed Mr. Bipin Velji Bid as Chief Financial Officer and Key Managerial Personnel, effective December 1, 2026, while Mr. Jigar Gudka resigned from the same positions, effective the close of business hours on December 1, 2026.