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

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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.

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Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Organic Recycling Systems Ltd - 543997 - Announcement under Regulation 30 (LODR)-Allotment

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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