Organic Recycling Systems Ltd (ORGANICREC) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Organic Recycling Systems Ltd on NSE and BSE, with an AI summary of each filing.
Submission of Certificate from Statutory Auditor persuant to Regulation 169(5) of SEBI ICDR regulations, 2018
Others (Uncategorized) · 04 Nov 2026, 8:37 pm
Organic Recycling Systems Receives ₹16.10 Cr from Preferential Allotment to Promoter Organic Recycling Systems submitted an auditor certificate confirming the receipt of ₹16.10 Cr in aggregate consideration for the preferential allotment of 10,00,000 equity shares at an issue price of ₹161 per share to promoter Sarang Bhand. Statutory auditor M/s. Vora & Associates verified compliance under Regulation 169(4) and 169(5) of SEBI ICDR Regulations, certifying funds were received via banking channels across two tranches: ₹5.00 Cr on 2nd Nov'26 and ₹11.10 Cr on 4th Nov'26 into the company's designated State Bank of India account.
Allotment of 10,00,000 equity shares to Promoter Mr. Sarang Bhand on preferential basis.
Others (Uncategorized) · 04 Nov 2026, 8:34 pm
Organic Recycling Systems Approves ₹16.10 Crore Preferential Allotment to Promoter Organic Recycling Systems Limited approved the allotment of 10,00,000 fully paid-up equity shares of face value ₹10 each at an issue price of ₹161 per share (including a premium of ₹151 per share) on a preferential basis for cash consideration to Promoter Mr. Sarang Bhand on 4th Nov'26. The transaction aggregates to ₹16,10,00,000. Consequently, the company's paid-up equity share capital increased from ₹15,59,89,050 (1,55,98,905 shares) to ₹16,59,89,050 (1,65,98,905 shares). The newly allotted equity shares rank pari passu with existing shares.
Organic Recycling Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2026 ,inter alia, to consider and approve 1. The proposal for ....
Intimation · 04 Nov 2026, 1:59 am
Organic Recycling Systems Board to Consider Main Board Migration and ESOP Scheme Organic Recycling Systems Ltd has scheduled a Board of Directors meeting on 6th Nov'26 to consider migrating its equity shares from the BSE SME Platform to the Main Board of BSE Limited, alongside a direct listing on the Main Board of the National Stock Exchange of India (NSE). The board will also evaluate the implementation of an Employee Stock Option Scheme (ESOP) for eligible employees of the company and its wholly owned subsidiaries, as well as approve the draft Postal Ballot notice for shareholder approval.
Unaudited Standalone and Consolidated Financial Results of the Company for the half year ended September 30, 2026
Financial Result · 28 Oct 2026, 7:24 pm
Organic Recycling Systems Reports Robust H1 FY27 Results and Expansion Organic Recycling Systems delivered strong consolidated performance in H1 FY27, with revenue surging 151.82% YoY to ₹770.01 Mn and PAT rising 30.57% YoY to ₹157.97 Mn. EBITDA grew 30.97% YoY to ₹192.60 Mn, although EBITDA margin contracted to 25.01% from 48.09% in H1 FY26 due to higher inventory and procurement costs. Growth was driven by securing five BPCL EPCOM contracts worth ₹350–500 Cr and renewing IOCL's Gorakhpur O&M mandate. The Board also approved a ₹5 Cr corporate guarantee for unit Industrial Associates.
Unaudited Standalone and Consolidated Financial Results of the Company for the half year ended September 30, 2026.
Outcome · 28 Oct 2026, 7:14 pm
Organic Recycling Systems Reports Strong H1 FY27 Results and Business Expansion Organic Recycling Systems reported consolidated H1 FY27 revenue from operations of ₹770.01 Mn, up 151.82% YoY from ₹305.78 Mn. EBITDA increased 30.97% YoY to ₹192.60 Mn, while EBITDA margin compressed to 25.01% from 48.09% in H1 FY26 due to higher trade purchases. Consolidated PAT rose 30.57% YoY to ₹157.97 Mn. Growth was driven by five BPCL EPCOM contract wins (₹350–500 Cr) and an IOCL O&M renewal. The board also approved a ₹5.00 Cr corporate guarantee for 99.9%-owned Industrial Associates on 28th Oct'26.
Organic Recycling Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2026 ,inter alia, to consider and approve The Unaudited Standalone ....
Intimation · 28 Oct 2026, 5:30 am
Organic Recycling Systems to Consider H1 FY27 Results on 28th Oct'26 Organic Recycling Systems Limited has scheduled a Board of Directors meeting on 28th Oct'26 at 10:30 AM. The board will inter alia consider and approve the unaudited standalone and consolidated financial results of the company for the half year ended 30th Sep'26, alongside the accompanying Limited Review Reports.
MOU with Mahanagar Gas Limited
Others (Uncategorized) · 22 Oct 2026, 1:55 pm
Organic Recycling Systems Signs MoU With Mahanagar Gas for CBG Opportunities Organic Recycling Systems entered into a non-binding Memorandum of Understanding with Mahanagar Gas Limited (MGL) on 22nd Oct'26 to explore opportunities across the Compressed Biogas (CBG) value chain in Maharashtra and Karnataka. The scope covers feasibility evaluations, techno-commercial assessments, project development utilizing agricultural waste and organic feedstocks, and potential CBG offtake. The partnership combines Organic Recycling Systems' waste processing capabilities with MGL’s city gas distribution network. The pact involves no upfront consideration, with definitive EPC contracts or commercial terms subject to feasibility outcomes and requisite approvals.
Solapur Bioenergy Systems Private Limited, Wholly Owned Subsidiary of Organic Recycling Systems Limited secures 05th Large Scale Contract for CBG Project from BPCL in Chhattisgarh.
Others (Uncategorized) · 16 Oct 2026, 2:01 pm
Organic Recycling Systems Secures 5th BPCL Order, Order Book Reaches ₹350-500 Cr Solapur Bioenergy Systems Private Limited, a wholly owned subsidiary of Organic Recycling Systems Limited, has secured its fifth large-scale contract (valued at ₹50–100 Cr) from Bharat Petroleum Corporation Limited (BPCL). The domestic EPCOM contract covers an organic municipal solid waste-based Compressed Biogas plant in Bhilai, Chhattisgarh, elevating cumulative BPCL orders to ₹350–500 Cr. Commissioning is slated within 15 months from the Letter of Acceptance, followed by PGTR within 3 months of commissioning and 5 years of comprehensive operations and maintenance.
Large Scale EPCOM contract to Wholly Onwed Subsidiary "Solapur Bioenergy Systems Private Limited"
Others (Uncategorized) · 13 Oct 2026, 12:34 am
Organic Recycling Systems Wins BPCL Large-Scale EPCOM Contract Organic Recycling Systems announced on 12th Oct'26 that its wholly owned subsidiary, Solapur Bioenergy Systems, secured a large-scale EPCOM contract valued between Rs. 50 Cr and Rs. 100 Cr from BPCL. The project entails setting up an organic municipal solid waste-based Compressed Bio-Gas (CBG) plant in Hubli-Dharwad, Karnataka. Execution is slated for 15 months from the LOA date, followed by five years of O&M. This marks ORSL's fourth large-scale BPCL win in a month, bringing aggregate processing capacity across four sites to ~20 TPD.
Approval for providing a Corporate Guarantee and Approval for Execution of a Deed of Indemnity
Others (Uncategorized) · 12 Oct 2026, 10:49 pm
Organic Recycling Systems Approves ₹30 Crore Guarantee and Indemnity for Subsidiary On 12th Oct'26, Organic Recycling Systems Limited approved a corporate guarantee backing ₹30.00 crore in credit facilities sanctioned by Bank of Baroda to wholly owned subsidiary Solapur Bioenergy Systems Private Limited. The facilities comprise ₹20.00 crore fund-based and ₹10.00 crore non-fund-based limits for BPCL projects and operations. Additionally, the board approved executing a Deed of Indemnity with Kiwi General Insurance Limited for ~₹10.80 crore in EPC performance security bonds, covering BPCL and IOCL projects worth ~₹101.55 crore. Both actions create contingent liabilities.
The Company has entered into a Momorandum of Understanding (MoU) with The Advanced Materials Business of Aditya Birla Chemicals (Thailand) Limited, part of The Aditya Birla Group.
Others (Uncategorized) · 07 Oct 2026, 11:47 pm
Organic Recycling Systems Partners with Aditya Birla Chemicals for Composite Waste Recycling Organic Recycling Systems Limited (ORSL) signed an MoU on 7th Oct'26 with the Advanced Materials business of Aditya Birla Chemicals (Thailand) Limited, part of the US$72-billion Aditya Birla Group. The partnership aims to develop scalable, commercially viable composite waste recycling solutions and closed-loop material recovery pathways. The collaboration integrates Aditya Birla's Recyclamine epoxy systems and materials expertise with ORSL's waste processing, engineering, and technology development capabilities to recycle conventional and advanced epoxy-based composites across wind energy, transportation, and industrial sectors.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Suhrud Patel
Acquisition/ Disposal of Shares · 05 Oct 2026, 4:39 pm
Suhrud Chimanbhai Patel Sells 0.01% Stake in Organic Recycling Systems Suhrud Chimanbhai Patel disposed of 900 equity shares, representing a 0.01% stake, in Organic Recycling Systems Limited via an open market sale on 30th Sep'26. Following this transaction, Patel's shareholding decreased from 5,48,043 equity shares (5.27% of total voting capital) to 5,47,143 equity shares (5.26%). Patel does not belong to the promoter or promoter group of the BSE SME-listed entity.
Voting result for the 18th AGM of the Company
Annual General Meeting · 01 Oct 2026, 10:30 pm
18TH AGM VOTING RESULT AND SCRUTINIZER''S REPORT
Annual General Meeting · 01 Oct 2026, 6:04 pm
Scrutinizer Report of 18th AGM of the Company
Annual General Meeting · 01 Oct 2026, 12:01 am
Revised Proceedings of the 18th Annual General Meeting
Annual General Meeting · 30 Sept 2026, 7:11 pm
PROCEEDINGS OF 18TH AGM
Annual General Meeting · 30 Sept 2026, 6:01 pm
Cessation of Mr. Yashas Bhand (DIN: 07118419) form the post of Whole Time Director and Chief Executive Officer of the Company with effect from September 24, 2026
Change in Management · 24 Sept 2026, 11:20 pm
Organic Recycling Systems Announces Board Changes and AGM Notice Corrigendum Organic Recycling Systems approved the immediate cessation of Whole-time Director and CEO Yashas Bhand on 24th Sep'26, following his untraced status after natural calamities in Nepal. Consequently, the company withdrew the AGM resolution regarding his reappointment and proposed Mrs. Janaki Sarang Bhand as Director liable to retire by rotation for shareholder approval at the AGM scheduled for 30th Sep'26. Managing Director Sarang Bhand, CFO Jigar Gudka, and CS Manoj Kumar remain the authorized Key Managerial Personnel for material SEBI disclosures.
Corrigendum to the Notice of the 18th Annual General Meeting
Annual General Meeting · 24 Sept 2026, 11:14 pm
Cessation of the Mr. Yashas Bhand (DIN: 07118419), Whole Time Director and CEO with immediate effect i.e September 24, 2026
Change in Management · 24 Sept 2026, 11:11 pm
Organic Recycling Systems Announces Board Changes Following CEO Yashas Bhand's Cessation Organic Recycling Systems approved the cessation of Whole-time Director and CEO Yashas Bhand, effective 24th Sep'26, after he was affected by floods during a pilgrimage to Nepal and remains untraceable despite ongoing multi-agency search efforts. Consequently, the company withdrew the AGM resolution regarding his reappointment and proposed appointing Mrs. Janaki Sarang Bhand as a Director liable to retire by rotation at the AGM scheduled for 30th Sep'26. A formal corrigendum to the AGM notice has been issued to shareholders.
Outcome of Board Meeting held on September 24, 2026 - Approval of Corrigendum to the Notice of the 18th Annual General Meeting
Others (Uncategorized) · 24 Sept 2026, 11:04 pm
We wish to inform you that Solapur Bioenergy Systems Private Limited (SBESPL), A wholly owned subsidary of Organic Recycling Systems Limited (the Company) , has secured APCOM contract from ....
Others (Uncategorized) · 09 Sept 2026, 2:10 pm
Organic Recycling Systems Wins ₹92.41 Crore BPCL EPCOM Contract in Kerala Organic Recycling Systems Limited's wholly owned subsidiary, Solapur Bioenergy Systems, secured a ₹92.41 crore (including GST) EPCOM contract from Bharat Petroleum Corporation Limited on 8th Sep'26. The project entails setting up an organic municipal solid waste-based Compressed Bio-Gas plant in Kozhikode, Kerala, requiring commissioning within 15 months followed by a 5-year comprehensive O&M mandate. This marks ORSL’s third BPCL order within a week, bringing cumulative BPCL order wins across Karnataka, Chhattisgarh, and Kerala to ₹259.71 crore (~US$27.48 million) and 15 cumulative plant-years of O&M visibility.
We Wish to inform you that Solapur Bioenergy Systems Private Limited ("SBEPSL"), a Wholly Owned Subsidiary of Organic Recycling Systems Limited (The Company), has secured Contracts from ....
Others (Uncategorized) · 08 Sept 2026, 2:05 pm
ORSL Subsidiary Secures Twin BPCL EPCOM Contracts Worth ₹167.3 Crore Organic Recycling Systems Limited's wholly owned subsidiary, Solapur Bioenergy Systems, secured two EPCOM contracts worth ₹167.30 crore from Bharat Petroleum Corporation Limited. The orders entail setting up organic municipal solid waste-based Compressed Bio-Gas plants in Mysuru (₹85.56 crore, ~5 TPD capacity) and Raipur (₹81.73 crore, ~4.8 TPD capacity), adding ~9.8 TPD total capacity. Both projects require commissioning within 15 months of LOA, followed by a five-year Operations & Maintenance term, expanding the company's geographical footprint into Karnataka and Chhattisgarh.
Notice of 18th Annual General Meeting of Organic Recycling Systems Limited
Annual General Meeting · 08 Sept 2026, 12:59 am
Enclosing Herewith is the Notice calling the 18th Annual general Meeting of the Company
Annual General Meeting · 07 Sept 2026, 11:42 pm