BSECompany Update18h ago · 4 Nov 2026, 03:04 pm
Allotment of 10,00,000 equity shares to Promoter Mr. Sarang Bhand on preferential basis.
Organic Recycling Systems Ltd · 543997
✦ AI SummaryFundraise
Organic Recycling Systems Ltd has allotted 10,00,000 equity shares to its promoter Mr. Sarang Bhand on a preferential basis at ₹161 per share, aggregating to ₹16,10,00,000.
Analysis Scores
Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Organic Recycling Systems Ltd - 543997 - Announcement under Regulation 30 (LODR)-Allotment
Attachments (1)
📄pdf
Download →
0f16db9b-93dc-4085-9832-befa3486392a.pdf
View document text
November 04, 2026
The Department of Corporate Services
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai – 400001.
Scrip Code: 543997
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Allotment of 10,00,000 Equity Shares on Preferential
Basis to Mr. Sarang Bhand, Promoter of the Company.
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 ("SEBI Listing Regulations"), we wish to inform you that the Preferential
Allotment Committee of the Board of Directors of Organic Recycling Systems Limited
("Company"), at its meeting held today, i.e., Wednesday, November 04, 2026, commenced at
2:30 P.M. and concluded at 2.45 P.M at the Registered Office of the Company, has considered
and approved the allotment of 10,00,000 (Ten Lakh) fully paid-up Equity Shares of face value
of ₹10/- (Rupees Ten only) each at an issue price of ₹161/- (Rupees One Hundred Sixty-One
only) per Equity Share, including a premium of ₹151/- (Rupees One Hundred Fifty-One only)
per Equity Share, aggregating to ₹16,10,00,000/- (Rupees Sixteen Crore Ten Lakh only), on a
preferential basis for cash consideration to Mr. Sarang Bhand, Promoter of the Company.
The aforesaid allotment has been made pursuant to the special resolution passed by the
shareholders of the Company at the 18th Annual General Meeting held on September 30,
2026, and upon receipt of the requisite subscription amount of ₹16,10,00,000/- (Rupees
Sixteen Crore Ten Lakh only) through banking channels in the designated bank account of the
Company.
Consequent to the aforesaid allotment, the paid-up equity share capital of the Company
stands increased from ₹15,59,89,050/- (Rupees Fifteen Crore Fifty-Nine Lakh Eighty-Nine
Thousand and Fifty only), divided into 1,55,98,905 Equity Shares of ₹10/- each, to
₹16,59,89,050/- (Rupees Sixteen Crore Fifty-Nine Lakh Eighty-Nine Thousand and Fifty only),
divided into 1,65,98,905 Equity Shares of ₹10/- each.
The Equity Shares so allotted shall rank pari passu in all respects with the existing Equity
Shares of the Company, including dividend and other corporate benefits.
Disclosures required under Regulation 30 read with Schedule III of the SEBI Listing Regulations
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
read along with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026, is provided in Annexure A.
You are requested to kindly take the above information on record.
Thanking you,
For Organic Recycling Systems Limited
Manoj Kumar
Company Secretary & Compliance Officer
Membership No.: A56992
Annexure A
Details pursuant to Regulation 30 of the SEBI Listing Regulations read with applicable SEBI
Circulars
Sr. Particulars Details
1. Type of securities proposed to be issued (viz. Equity Shares
equity shares, convertibles etc.);
2. Type of issuance (further public offering, rights Preferential Allotment for cash
issue, depository receipts (ADR/GDR), qualified consideration
institutions placement, preferential allotment
etc.)
3. Total number of securities proposed to be 10,00,000 (Ten Lakh) fully paid-up
issued or the total amount for which the Equity Shares of face value of ₹10/-
securities will be issued (approximately); each.
4. Issue Price ₹161/- per Equity Share,
comprising face value of ₹10/- and
premium of ₹151/- per Equity
Share.
5. Total consideration received ₹16,10,00,000/- (Rupees Sixteen
Crore Ten Lakh only).
6. Name of the allottee Mr. Sarang Bhand
7. Category of allottee Promoter
8. Date of allotment November 04, 2026
9. Number of investors 1 (One)
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
Allottee-wise details
Sr. Name of Category No. of Face Issue Premium Total
No. Allottee Equity Value Price per Share Consideration
Shares (₹) (₹) (₹) (₹)
Allotted
1. Mr. Promoter 10,00,000 10 161 151 16,10,00,000
Sarang
Bhand
Total 10,00,000 16,10,00,000
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