Eco Recycling Limited has scheduled its 32nd Annual General Meeting for Monday, September 28, 2026. The meeting will be conducted through video conferencing or other audio-visual means.

The Board of Directors, in its meeting on August 10, 2026, recommended a final dividend of ₹1 per equity share of face value ₹10 each for FY26. This represents a 10% payout ratio relative to the face value. The dividend is subject to approval by shareholders at the AGM.

Key Dates and Voting

Shareholders must hold shares as of the record date to be eligible for the dividend and voting rights. The company has fixed Friday, September 18, 2026, as the record date for determining eligibility for the final dividend.

Remote e-voting will commence on Thursday, September 24, 2026, at 9:00 am and conclude on Sunday, September 27, 2026, at 5:00 pm. The cut-off date for determining voting eligibility is Monday, September 21, 2026. Bigshare Services Private Limited has been appointed to facilitate the e-voting process.

Shareholder Compliance Updates

In compliance with SEBI master circulars dated May 7, 2024, and June 10, 2024, holders of physical securities are required to update their KYC details, including PAN, contact information, bank account details, and nomination choices, with the Registrar and Share Transfer Agent (RTA). Failure to update these details may result in the RTA withholding service requests.

The company has discontinued physical dividend warrants pursuant to SEBI (LODR) Fifth Amendment Regulations, 2025. Dividends will be paid exclusively via electronic modes (NEFT/RTGS/ECS). Shareholders holding physical shares must submit Form ISR-1 to Bigshare Services Private Limited with updated bank details, including IFSC and MICR codes, before the record date to avoid delays in credit.

Additionally, a special window for re-lodgement and fresh lodgement of physical share transfer requests for transactions occurring prior to April 1, 2019, remains open until February 4, 2027. Valid requests will be processed strictly via transfer-cum-dematerialisation mode into the transferee's demat account, subject to a mandatory one-year lock-in period from the transfer date.

Eco Recycling Limited has scheduled its 32nd Annual General Meeting (AGM) for September 28, 2026, to approve financial results for FY26 and recommend a final dividend of ₹1 per share.

The e-waste recycler reported consolidated revenue from operations of ₹481.83 crore for the year ended March 31, 2026, an increase of 9.6% compared to ₹439.59 crore in the previous year. Standalone profit after tax (PAT) rose 1.9% to ₹237.71 crore, while EBITDA remained flat at ₹33.67 crore.

Financial Performance

The company’s revenue growth was driven by increased sales of finished goods and services. However, total expenses as a percentage of revenue rose to 39.1% from 33.3% in the prior year, primarily due to higher material costs which climbed to 20.7% of revenue from 16.5%.

Strategic Developments

Management highlighted several strategic initiatives during the year:

• Joint Venture: The Board approved a 50:50 joint venture with Electronic Recyclers International, Inc. (ERI), USA, to expand e-waste recycling operations in India using advanced technology.
• Critical Minerals: The company is evaluating a proposed ₹100 crore Critical Minerals Recovery Project to extract lithium, cobalt, nickel, and precious metals from e-waste and battery waste.
• Capacity Expansion: Processing capacity was expanded to 31,200 metric tonnes per annum (MTPA), including new lithium-ion battery handling capabilities.

What the Numbers Show

The company maintained a debt-free balance sheet with cash and cash equivalents surging to ₹131.42 crore from ₹22.27 crore in the previous year. This significant liquidity build-up supports the planned capital expenditure for the critical minerals facility and the new joint venture without requiring external debt financing.

Corporate Actions

The record date for the final dividend has been fixed as September 18, 2026. Shareholders holding shares on this date will be eligible for the payout, subject to approval at the AGM. The meeting will also transact business regarding the re-appointment of Mr. Shashank Soni as a director and the appointment of CS Vaishali Vaishnav as Secretarial Auditor.