BSECompany Update7 Oct 2026 · 7 Oct 2026, 06:17 pm
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.
Organic Recycling Systems Ltd · 543997
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Organic Recycling Systems Ltd has entered into a Memorandum of Understanding (MoU) with Aditya Birla Chemicals (Thailand) Limited to explore composite waste recycling solutions and potential pathways for material recovery and reuse.
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Organic Recycling Systems Ltd - 543997 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
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October 07, 2026
The BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai – 400001
Scrip Code: 543997
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/Madam,
In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with Part A of
Schedule III of the Listing Regulations, this is to inform that Organic Recycling Systems Limited
(“ORSL” / “Company”) has entered into a Memorandum of Understanding (“MoU”) with the
Advanced Materials business of Aditya Birla Chemicals (Thailand) Limited, part of the Aditya
Birla Group, on October 07, 2026.
The details of the MoU as required under Regulation 30 of the Listing Regulations read with
the applicable SEBI Master Circular are enclosed herewith as Annexure A.
Also enclosed herewith is the press release issued by the Company as Annexure B.
This is for your information and record.
Yours faithfully,
For Organic Recycling Systems Limited
Manoj Kumar
Company Secretary & Compliance Officer
Membership No.: A56992
Encl.: As above
Organic Recycling Systems Ltd
Registered / Corporate Address: 1003, The Affaires, Plot No.19, Sector-17, Sanpada, Navi Mumbai – 400705.
Tel: + 91 22 4170 2222 Fax: +91 22 4170 2200 22 00 | www.organicrecycling.co.in | info@organicrecycling.co.in
CIN L40106MH2008PLC186309
Annexure A
Memorandum of Understanding between Organic Recycling Systems Limited and
Advanced Materials, Aditya Birla Chemicals (Thailand) Limited
Particulars Details
1. Name(s) of parties with Advanced Materials business of Aditya Birla Chemicals
whom the agreement is (Thailand) Limited, part of the Aditya Birla Group.
entered
2. Purpose of entering into the The MoU has been entered into to explore the
agreement development of composite waste recycling solutions and
potential pathways for material recovery and reuse. The
collaboration is intended to leverage the materials and
manufacturing expertise of Advanced Materials and
ORSL’s capabilities in waste processing, recycling,
resource recovery and technology development.
3. Area of agreement / Strategic and technical collaboration in the field of
strategic or technical tie-up composite waste recycling, including evaluation and
development of recycling processes, material recovery
pathways, process optimisation and potential reuse of
recovered materials.
4. Domestic / International International.
5. Share exchange ratio / JV NA
ratio
6. Scope of business operation The parties intend to explore and develop solutions for
of the agreement recycling composite waste. ORSL will leverage its
expertise in waste processing, recycling, resource
recovery and technology development, while Advanced
Materials will contribute its expertise in materials and
epoxy technologies, including Recyclamine® epoxy
systems. The parties will evaluate technical processes,
material recovery pathways, process optimisation and
potential commercial applications.
7. Details of consideration Nil.
paid / received in the
agreement
8. Significant terms and NA
conditions of the agreement
in brief
9. Whether the agreement No.
would fall within related party
transactions
10. Whether the promoter / No.
promoter group / group
Organic Recycling Systems Ltd
Registered / Corporate Address: 1003, The Affaires, Plot No.19, Sector-17, Sanpada, Navi Mumbai – 400705.
Tel: + 91 22 4170 2222 Fax: +91 22 4170 2200 22 00 | www.organicrecycling.co.in | info@organicrecycling.co.in
CIN L40106MH2008PLC186309
companies have any interest
in the entity with whom the
agreement is entered
11. Size of the entity Aditya Birla Chemicals (Thailand) Limited is a company of
the Aditya Birla Group and its Advanced Materials
business is engaged in specialty materials and epoxy-
based solutions, including solutions for composite
applications.
12. Rationale and benefit The collaboration is expected to combine the materials
expected and technology expertise of Advanced Materials,
including Recyclamine® technology, with ORSL’s expertise
in waste processing, recycling and resource recovery, with
a view to exploring technically viable, scalable and
commercially viable solutions for composite waste
recycling and material recovery.
Organic Recycling Systems Ltd
Registered / Corporate Address: 1003, The Affaires, Plot No.19, Sector-17, Sanpada, Navi Mumbai – 400705.
Tel: + 91 22 4170 2222 Fax: +91 22 4170 2200 22 00 | www.organicrecycling.co.in | info@organicrecycling.co.in
CIN L40106MH2008PLC186309
Advanced Materials, Aditya Birla Group, ORSL sign Memorandum of
Understanding to develop composite waste recycling solutions
Mumbai, India | October 07, 2026: The Advanced Materials business of Aditya Birla
Chemicals (Thailand) Limited and Organic Recycling Systems Limited (ORSL) have entered
a Memorandum of Understanding (MoU) to establish a sustainable composite recycling value
chain. Aditya Birla Group’s global reach and manufacturing expertise will align with ORSL’s
expertise in waste recycling to establish scalable and commercial ecosystems.
Composites, which are made of reinforcing fiber and liquid epoxy resin, offer an unmatched
balance of lightweight performance, strength and durability, driving their use across sectors
including wind energy, transportation, construction, aerospace and industrial manufacturing.
However, conventional thermoset composites are inherently challenging to recycle because
their permanently crosslinked resin matrix cannot be broken down to recover valuable raw
materials.
Aditya Birla’s Recyclamine® epoxy system addresses this challenge as it enables separation
of the raw materials during recycling process and their subsequent recovery for potential reuse.
ORSL will take the lead in integrating and optimizing composite recycling processes to
effectively target a wide range of waste materials, including conventional epoxy-based
materials as well as Aditya Birla’s Recyclamine® epoxy system, allowing for a closed-loop
system.
“Circularity starts with designing composites for their next life. With Recyclamine® and our
collaboration with ORSL, we are developing scalable recycling solutions that turn composite
waste into valuable resources and help close the loop.” said Rajesh Balakrishnan, Chief
Executive Officer, Advanced Materials, Aditya Birla Group.
Dr. Manju Tanwar, Chief Scientist and Head of R&D, ORSL said, “Closing the loop on
composites requires solutions that are both scalable and commercially viable. Together,
Recyclamine® technology and our waste-repurposing expertise are creating new pathways to
recover, reuse and unlock value from composite waste.”
About Advanced Materials, Aditya Birla Group
Advanced Materials is part of the Aditya Birla Group - a US$72-billion global conglomerate
with operations spanning metals, cement, chemicals, textiles, and financial services. The Group
is committed to sustainable development, innovation, and responsible business practices across
its global operations.
About ORSL
Organic Recycling Systems Limited (ORSL) is a Clean Tech Engineering company focused
on developing and deploying technology-driven solutions for waste valorisation, renewable
energy and resource recovery. Established in 2008, ORSL integrates R&D, technology
development, engineering and project execution to address complex challenges across
biomethanation, Compressed Biogas (CBG), waste processing and biomass valorisation. With
a strong emphasis on applied research and technology innovation, ORSL works to convert
waste and biomass into energy, materials and other value-added resources, translating scientific
and engineering advancements into scalable, commercially viable solutions.
Dr. Manju Tanwar, Chief Scientist & Head of R&D, Organic Recycling Systems Limited (ORSL), at
the MoU signing ceremony with Advanced Materials, Aditya Birla Group
Representatives of Advanced Materials, Aditya Birla Group and ORSL following the MoU si
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