EP Biocomposites Limited has announced a strategic technical consultancy agreement with the Indian Institute of Science (IISc), Bengaluru, marking a significant step toward strengthening its capabilities in advanced wastewater treatment solutions. The collaboration aims to enhance the company's technical and research-backed expertise through expert consultancy and design inputs from one of India's premier research institutions.

Partnership Overview

The agreement establishes a framework for technical collaboration focused on advanced wastewater treatment technologies. IISc will provide technical consultancy and expert advisory support for system design and process optimization, enabling EP Biocomposites to leverage cutting-edge research and scientific expertise in developing innovative treatment solutions.

Technical Scope and Capabilities

The collaboration centers on technical consultancy, design review, and expert inputs relating to non-biological wastewater treatment systems. This partnership is expected to enable EP Biocomposites to offer unique non-biological treatment solutions for wastewater recycling, representing a differentiated approach in the market. The agreement specifically focuses on:

• System design optimization
• Process efficiency enhancement
• Technical advisory support
• Expert inputs for non-biological treatment systems

Strategic Benefits and Market Impact

The partnership is designed to deliver multiple strategic advantages for EP Biocomposites. The collaboration is expected to enhance process efficiency, system reliability, and compliance with evolving environmental regulations. By leveraging IISc's research expertise, the company aims to differentiate its offerings in the competitive wastewater treatment market.

Alignment with Corporate Strategy

This technical collaboration aligns with EP Biocomposites' long-term strategy of providing innovative, environmentally responsible, and technology-driven solutions. The partnership supports the company's focus on sustainable water management practices and positions it to expand its presence in both industrial and municipal wastewater treatment applications.

The agreement structure ensures focused technical support while maintaining operational flexibility. IISc's involvement is limited to technical consultancy and advisory services, with construction, equipment supply, or post-installation operations requiring separate agreements if pursued in the future.

EP Biocomposites Limited has announced receiving a substantial work order valued at ₹2.15 crores from Goa Tourism Development Corporation Ltd. The order encompasses the manufacture, supply, transportation, and installation of 1,000 units of Model IV Premium Cast Iron Benches across various designated locations in Goa.

Order Details and Specifications

The comprehensive order details reveal the scope and scale of this infrastructure enhancement project:

The benches are designed to enhance public seating infrastructure, improve visitor convenience, and provide durable, long-term amenities at tourism and public locations throughout the State of Goa.

Related Party Transaction Details

The company has disclosed that this order constitutes a related party transaction. M/s Om Ventures, the entity awarding the order, has a connection to EP Biocomposites Limited through Mrs. Leena Kamat, who serves as a Director of the company and is the sole proprietor of Om Ventures.

Regulatory Compliance and Disclosure

EP Biocomposites Limited has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company referenced SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, in its announcement to BSE Limited.

The company emphasized that while this project award falls within the ordinary course of business, the disclosure aligns with good corporate governance practices and their Policy on Materiality of Events and Information. The management noted their track record of receiving repeat orders and delivering projects in a time-bound fashion.

Project Impact and Infrastructure Enhancement

The installation of these premium cast iron benches represents a significant infrastructure development initiative for Goa's tourism sector. The project aims to:

• Enhance public seating infrastructure across the state
• Improve convenience for tourists and visitors
• Provide durable, long-term amenities at key locations
• Support Goa's tourism development objectives

The domestic nature of this contract and its substantial value of ₹2.15 crores demonstrates EP Biocomposites Limited's capability in handling large-scale infrastructure projects for government and tourism development entities.

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