Organic Recycling Systems Ltd shareholder Suhru C. Patel disposed of 900 equity shares via an open market sale on September 30, 2026. The transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Stakeholding Details

Prior to the disposal, Patel held 548,043 shares, representing 5.27% of the company's paid-up equity share capital. Following the sale of 900 shares, which constituted 0.01% of the total capital, his holding decreased to 547,143 shares, or 5.26%.

The acquirer is not part of the promoter or promoter group. The shares are listed on the BSE SME platform.

Regulatory Disclosure

The disclosure was filed with the company secretary and BSE Limited on October 1, 2026. The filing confirms that the change in holding was due to a sale of shares carrying voting rights. No warrants, convertible securities, or other instruments entitling the holder to voting rights were involved in this specific transaction.

Organic Recycling Systems Limited submitted the detailed voting results and Scrutinizer’s Report for its 18th Annual General Meeting (AGM) held on September 30, 2026. The filing confirms that all three resolutions proposed at the meeting were passed with the requisite majority through electronic voting.

The submission complies with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 108 of the Companies Act, 2013. The Consolidated Scrutinizer’s Report was prepared by Mr. Anish Gupta of VKMG & Associates LLP, who verified the remote e-voting process conducted via NSDL’s platform.

Voting outcomes and participation

The AGM saw participation from 19 shareholders present or represented by proxy, comprising one promoter and 18 public shareholders. Voting was conducted via Video Conferencing (VC) and Other Audio-Visual Means (OAVM), with remote e-voting available from September 26 to September 29, 2026.

All three resolutions received 100% votes in favor with zero votes against. The total valid votes cast across all categories amounted to 25,77,073, representing approximately 16.52% of the total outstanding shares.

Key approvals detailed

The Ordinary Resolutions approved the adoption of audited standalone and consolidated financial statements for FY26 and the appointment of Mrs. Janaki Sarang Bhand as a Director liable to retire by rotation. This appointment was made pursuant to a Corrigendum issued on September 24, 2026, which substituted the original agenda item.

The Special Resolution authorized a preferential issue of up to 10,00,000 equity shares at an issue price of ₹161 per share to promoter Sarang Bhand. The aggregate consideration for this allotment is up to ₹16.10 crore. The issue price includes a premium of ₹151 per share on a face value of ₹10.

Strategic focus and management address

Managing Director Sarang Bhand addressed members, emphasizing the company’s transition toward an integrated CleanTech, bioenergy, and decarbonisation platform. He highlighted the development of the Build-Own-Operate (BOO) business model and the expansion of the compressed biogas (CBG) project pipeline.

Key priorities for FY27 include:

• Maintaining financial discipline
• Pursuing strategic collaborations and partnerships
• Commercialising R&D initiatives
• Selective development of BOO assets

Meeting logistics

The meeting commenced at 11:30 am and concluded at 12:11 pm. Chairman Rakesh Mehra and Independent Director Amit Karia were unable to attend, with Managing Director Sarang Bhand chairing the session. Key managerial personnel present included Non-Executive Director Janaki Bhand and Chief Financial Officer Jigar Gudka.