Eco Recycling Limited has received an official Eligibility Status Letter dated 30 April 2026 from Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), acting as the Project Management Agency on behalf of the Ministry of Mines, Government of India. The recognition has been granted under the Incentive Scheme for Promotion of Critical Mineral Recycling, forming part of the National Critical Minerals Mission (NCMM). The company disclosed this development to the Bombay Stock Exchange on 5th May 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. With this recognition, the company aims to boost future revenue by advancing recovery of key minerals essential for clean energy, electronics, and EV supply chains.

Key Details of the Eligibility Status

The following table summarises the key parameters of the disclosure:

Strategic Significance for the Company

Eco Recycling Limited has outlined several strategic dimensions associated with this recognition. The company views this milestone as part of its long-term roadmap to expand its operational scope and institutional positioning within India's critical mineral recycling framework. Key strategic objectives highlighted by the company include:

• Strengthening its position in India's emerging critical mineral recycling ecosystem
• Expanding beyond conventional e-waste recycling into high-value battery recycling and precious metal recovery
• Aligning with national resource security and circular economy objectives
• Enhancing future revenue diversification through advanced recovery of strategic minerals essential for clean energy, electronics, and EV supply chains
• Reinforcing its role as an integrated urban mining and resource recovery platform
• Positioning among early movers in India's formal critical mineral recycling framework
• Enhancing institutional visibility in strategic sustainability-linked sectors
• Demonstrating scalable infrastructure readiness for future national policy-linked opportunities

Management Commentary

Commenting on the development, CMD Mr. B K Soni stated: "The grant of eligibility status under the National Critical Minerals Mission is a significant institutional recognition of our technical capabilities, operational track record, and strategic expansion vision. This development supports our mission to transform from an e-waste recycler into a broader critical mineral recovery enterprise, aligned with India's sustainability and strategic mineral independence goals."

Important Disclaimer

Eco Recycling Limited has noted that the eligibility status is provisional in nature and remains subject to compliance with Scheme Guidelines, regulatory approvals, operational milestones, and applicable government policies. The company has committed to updating the Exchange regarding material developments related to this project in accordance with applicable SEBI regulations. The disclosure was signed by Shashank Soni, Director & CFO (DIN: 06572759), on behalf of Eco Recycling Limited.

Eco Recycling Limited has declared the results of voting and e-voting conducted through Postal Ballot, with shareholders approving two special resolutions as specified in the Postal Ballot Notice dated April 03, 2026, read with Corrigendum dated April 22, 2026. The voting window was open from 9:00 A.M. on Saturday, April 03, 2026 to 5:00 P.M. on Sunday, May 03, 2026, facilitated through Bigshare, the appointed e-voting service provider. The record date for the Postal Ballot was March 27, 2026, with a total of 37,581 shareholders on record. CS Shri Prakash Shenoy, Partner of SAP & Associates, Company Secretaries, served as the Scrutinizer and submitted his report dated May 03, 2026.

Resolutions Approved

The shareholders considered and approved two special resolutions through the Postal Ballot process. The first resolution involved the issue of securities on a preferential basis, specifically 3 lacs Convertible Warrants at a price of Rs.408/-. The promoter and promoter group were noted as interested parties in this resolution. The second resolution approved the appointment of CA Shri Uttam Prakash Agarwal (DIN: 00272983) as an Independent Director of the Company for a term of 5 years, with the promoter and promoter group not being interested in this agenda.

Voting Results: Resolution 1 — Preferential Issue of Securities

The following table presents the detailed voting results for the preferential issue of securities resolution, based on a total of 23 shareholders who participated in electronic voting:

Breaking down the votes by shareholder category, the Promoter and Promoter Group cast all 14,153,451 votes in favour, representing 100% of their holding. Public Institutions, holding 109,768 shares, recorded zero votes polled. Public Non-Institutions, holding 5,033,531 shares, polled 367 votes, of which 318 (86.6485%) were in favour and 49 (13.3515%) were against. The overall voter turnout across all categories stood at 73.3482% of outstanding shares.

Voting Results: Resolution 2 — Appointment of Independent Director

The second resolution concerning the appointment of CA Shri Uttam Prakash Agarwal as Independent Director also saw strong shareholder support, with 23 shareholders participating in electronic voting:

For this resolution, the Promoter and Promoter Group again cast all 14,153,451 votes in favour, representing 100% of their holding. Public Institutions recorded zero votes polled. Public Non-Institutions polled 367 votes, with 328 (89.3733%) in favour and 39 (10.6267%) against. The overall voter turnout was 73.3482% of outstanding shares. The Scrutinizer confirmed there were no invalid votes cast through remote e-voting for either resolution.

Scrutinizer and Compliance Details

The Postal Ballot process was conducted in compliance with Section 108 and Section 110 of the Companies Act, 2013, read with the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. CS Prakash Shenoy of SAP & Associates (Membership No. 12625) was appointed as Scrutinizer by the Board of Directors on April 03, 2026, and issued his report on May 03, 2026. The declaration of results was filed under Regulation 44(3) of the SEBI Listing Regulations on May 05, 2026, by Arvindra Singh Parmar, Company Secretary & Compliance Officer (ACS: 71706).