Eco Recycling Limited has appointed Shashank Soni, Director and Chief Finance Officer, as its Nodal Officer for coordination with the Investor Education and Protection Fund (IEPF) Authority. The Board of Directors approved the nomination during its meeting held on August 10, 2026. This appointment establishes a dedicated channel for managing claims related to unclaimed dividends and forfeited shares, ensuring compliance with regulatory requirements under the Companies Act, 2013.

The move aligns with Rule 7 (2A) of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2019. It also satisfies disclosure norms under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. By designating a senior finance executive to this role, the company aims to streamline communication with the IEPF Authority and facilitate smoother processing of investor refunds.

Shashank Soni will serve as the primary liaison for all matters pertaining to the IEPF. His contact details have been updated with the stock exchanges to ensure accessibility for investors and regulators. The appointment reflects the company’s commitment to maintaining robust governance structures for investor protection.

Appointment Details

The notification was issued by Arvindra Singh Parmar, Company Secretary and Compliance Officer, on August 11, 2026. The intimation was submitted to BSE Limited, referencing Scrip Code 530643 and ISIN INE316A01038.

Regulatory Context

Section 124 of the Companies Act, 2013 mandates that companies transfer unclaimed dividends and matured deposits to the IEPF after a specified period. Rule 7 of the IEPF Rules requires listed entities to nominate a Nodal Officer to coordinate with the Authority. This role is critical for verifying claimant identities and ensuring timely refunds from the fund.

What the Numbers Show

While this filing does not disclose financial metrics, the appointment of a CFO-level executive underscores the operational importance of IEPF compliance. For investors holding dormant shares or awaiting dividend refunds, this structured contact point reduces ambiguity in the claim process. The direct email addresses provided allow for immediate verification of status without intermediary delays.

Eco Recycling Limited reported a significant expansion in top-line growth for the quarter ended June 30, 2026, with consolidated revenue rising 75% year-on-year to ₹1,913 lakh. The Mumbai-based waste management firm also posted a 13% increase in net profit after tax (PAT), which stood at ₹917 lakh compared to ₹809 lakh in the corresponding period of the previous year. The strong revenue momentum was supported by improved operational efficiency, reflected in a 28% surge in EBITDA to ₹1,206 lakh from ₹944 lakh in Q1FY25.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on August 10, 2026. The company’s Statutory Auditors have expressed an unmodified conclusion on both the standalone and consolidated financial results. The detailed results were filed with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Metrics

Note: Revenue growth is cited as 75% in management commentary; calculated YoY change from table data is approximately 40.4%. EBITDA and PAT growth align closely with the stated percentages.

What the Numbers Show

The divergence between the reported 75% revenue growth and the tabular data showing a rise from ₹1,362 lakh to ₹1,913 lakh suggests potential reclassification or regrouping of previous period figures, as noted in the filing. Despite this, the core profitability metrics remain robust. EBITDA margins expanded, indicating better cost control or higher-margin business mix. The net profit before tax increased by 27% to ₹1,140 lakh, outpacing the tax rate impact, leading to a healthy bottom-line growth. Earnings per share rose 11% to ₹4.49, offering modest value accretion to shareholders.

In addition to the operational results, the company disclosed that it allotted 3,00,000 warrants to promoters at an issue price of ₹411 per warrant. These warrants are convertible into one equity share upon full payment. This capital structure adjustment may dilute existing equity holdings in the future but provides immediate liquidity or strategic alignment with promoter interests. The equity share capital remains unchanged at ₹1,930 lakh during the quarter.