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HORIZON RECLAIM (INDIA) LIMITED
MFRS. OF RECLAIM/CRUMB RUBBER, PYROLYSIS OIL & RECOVERED CARBON BLACK
CIN : U22199UP2006PLCO32294
(Formerly known as Horizon Reclaim (India) Private Limited)
August o3, 2026
The Manager - Listing Department,
BSE Limited
Phiroze Jeejeebboy Towers,
Dalal Street, Fort, Mumbai - 400 001
Scrip Code: 544794; ISIN: INE1SEO01013; SYMBOL: HORIZON
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 20o15 - Business Update for the Quarter
Ended June 30, 2026
Dear Sir/Madam
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we are pleased to submit the enclosed Business
Update of Horizon Reclaim (India) Limited for the quarter ended June 30, 2026.
The enclosed Business Update provides an overview of the Company's performance,
key developments and strategic initiatives during Q1 FY 2026-27.
You are requested to take the above information on your record.
Thanking you.
Yours faithfully
For HORIZON RECLAIM (INDIA) LIMITED
(Formerly known as Horizon Reclaim (India) Private Limited)
For Horizon Reclaim India Limited
MALIKA BAJAJ Director
Whole-Time Director
DIN: 02106118
Regd. Office : Khasra No 9, Dehradun Road, Near Nirankari Bhawan, Vill. Kumarhera,
Saharanpur-247001 (UP ) INDIA | Call +91 81710 00900 e-mail oftice@horzonworld in
Works (Rubber Reclaim Facility): Ground Floor, Plot No 59 -62. Shiv Ganga Lakeshn. Roorkee.
Haridwar, Uttarakhand- 247667 INDIA| Call :+ 91 81710 00900, 93594 70416. 73029 00003
Works (Waste to Energy Facility): Plot no B 10, 12 B1, 11.23 0L (B) OLIC)/1 -6. C-2.3.4 RK. International Park.
Hirasar Airport, Kuvadva Road Rajkot -360023 (Gujarat) INDIA | Call: +91 81710 00900. 92196 00197
Toll Free :1800-270-7006 e-mail : support@horizonworld in, into@horizonwold in | Visit us: www.horzonreclaim.com
HORIZON RECLAIM
(INDIA) LIMITED
Business Update
Strengthening Manufacturing
Capabilities through
Capacity Expansion and
Strategic Diversification
Horizon Reclaim (India) Limited is a leading manufacturer of reclaimed rubber, transforming end-of-life tyres and
industrial rubber waste into high-quality, cost-effective and environmentally sustainable products. With over 19 years of
industry experience,
Horizon Reclaim operates across three major product categories
Natural Reclaim Rubber Synthetic Reclaim Rubber Crumb Rubber Pyrolysis Oil
(EPDM & Butyl)
catering to customers across the tyre, automotive, footwear, industrial and infrastructure sectors.
The Company operates an integrated recycling-led business model focused on sustainable resource recovery and circular
economy principles. Through continuous investments in manufacturing capacity, product diversification and technology-
driven operations, Horizon Reclaim continues to strengthen its position in India's growing recycled rubber industry.
In June 2026, Horizon Reclaim (India) Limited was successfully listed on the BSE SME Platform,
marking an important milestone in the Company's growth journey and providing a strong platform to support its future
expansion plans.
Key Metrics
19+ Years Industry Experience 81 Employees -Experienced Workforce
Installed Capacity:
Unit I: 14,100 MTPA | Unit II – Rajkot: 36,000 MTPA (Pyrolysis Oil Facility) | Unit III – Bhagwanpur: 9,600 MTPA
Installed Capacity to increase from 14,100 MTPA to 86,800 MTPA upon full commissioning of the expansion projects.
HORIZON RECLAIM (INDIA) LIMITED
Business Update
Business Performance
Successfully commissioned the Rajkot (Unit II) Pyrolysis Oil Manufacturing Facility.
Commenced commercial operations and recorded the first commercial sale on 20 July 2026.
Expanded into the waste-to-energy segment through commercial production of Pyrolysis Oil.
Continued strengthening its integrated tyre recycling ecosystem through value-added resource recovery.
Focused on enhancing manufacturing capabilities to support future growth.
Strategic Developments
Successful Commissioning of Rajkot Manufacturing Facility
The Company achieved a major operational milestone with the successful commissioning of its state-of-the-art Rajkot (Unit
II) manufacturing facility. Commercial operations commenced on 20 July 2026 with the first commercial sale. . Commercial
operations commenced on 20 July 2026, with the Company recording its first commercial sale, marking the successful
execution of its expansion project. The Rajkot facility manufactures Pyrolysis Oil, while also generating Carbon Char
and Steel Scrap through the pyrolysis process, enabling efficient recovery of valuable resources from end-of-life tyres. This
strategic expansion strengthens the Company's entry into the waste-to-energy segment, diversifies its product portfolio and
creates multiple revenue streams through sustainable resource recovery.
CWIP increased from ₹355.59 Lakhs (FY25) to ₹3,619.54 Lakhs (FY26), reflecting ongoing development of the Rajkot and
Bhagwanpur manufacturing facilities.
Sustainable Value Creation
The pyrolysis process enables the recovery of multiple valuable products from waste tyres, supporting the circular economy and
reducing environmental impact.
Product Application
Pyrolysis Oil Alternative industrial fuel for boilers, kilns and industrial heating applications
Used in rubber products, construction materials and as a substitute for fossil-based carbon
Carbon Char
inputs, contributing to lower carbon emissions
Steel Scrap Recycled and supplied to steel manufacturers for reuse
HORIZON RECLAIM (INDIA) LIMITED
Business Update
Waste Tyres
Pyrolysis Process
Pyrolysis Oil Carbon Char Steel Scrap
Strengthened Capital Structure
• Successfully repaid/prepaid borrowings aggregating to ₹26.70 Crores, reducing finance costs and strengthening
the balance sheet.
• ₹9.43 Crores proposed to be utilised from IPO proceeds towards investment in plant & machinery.
• Enhanced financial flexibility to support future expansion and operational growth.
Outlook
Following its successful listing on the BSE SME Platform and the commencement of commercial operations at the
Rajkot manufacturing facility, Horizon Reclaim has entered the next phase of its growth journey.
The Company remains focused on ramping up production at its newly commissioned Pyrolysis Oil manufacturing
facility, progressing the development of its upcoming manufacturing capacities and driving operational efficiencies
through technology-led initiatives. The implementation of an ERP system is expected to further strengthen
operational controls, improve supply chain visibility and enhance overall manufacturing productivity.
In addition, the Company is actively evaluating opportunities to expand its presence in international markets by
leveraging its diversified product portfolio, integrated manufacturing capabilities and sustainability-focused
business model. Supported by a stronger balance sheet, expanding manufacturing footprint and increasing
demand for sustainable recycling solutions, Horizon Reclaim remains well positioned to deliver long-term
sustainable growth and create value for its stakeholders.
Disclaimer:
Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government
Policy, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant
forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-
looking statements to reflect subsequent events or circumstances.
For Further Information Please Contact Corporate Communication Advisor:
Ms Pooja Gandhi
Email: info@equibridgex.com Website: www.equibridgex.com
EquiBridgex Advisors Private Limited