Eco Recycling Limited 530643

Eco Recycling Limited (Ecoreco) is a for-profit company that aims to preserve the urban environment by providing sustainable solutions to manage end of life electrical and electronic waste in India. Employing innovative technologies and methodologies, Ecoreco's business model is built upon a full spectrum of activities under e-waste management ranging from collection, to recovery and remarketing. Ecoreco also provides auxiliary services such as secured data destruction and disposal of hazardous substances for its clients.

Particulars
Mar-11 Dec-10 Sep-10
No of Shares
(Mn)

% Holdings
No of Shares
(Mn)

% Holdings
No of Shares
(Mn)

% Holdings
Promoter & Group
Foreign
Foreign (Promoter & Group) - Bodies Corporate 0.00 0.00 0.00 0
Foreign (Promoter & Group)-Individuals (Non-Resident / Foreign) 0.00 0.00 0.00 0
Foreign Promoter(Institutional) 0.00 0.00 0.00 0
Promoter Others 0.00 0.00 0.00 0
Sub Total 0.00 0.00 0.00 0.00 0.00 0.00
Indian
Bodies Corporate-Indian (Promoter & Group) 9.14 57.33 0.46 3
Government(Central / State)-Indian (Promoter & Group) 0.00 0.00 0.00 0
Directors & their Relatives-Indian (Promoter & Group) 0.00 0.00 0.00 0
Financial Institutions / Banks-Indian (Promoter & Group) 0.00 0.00 0.00 0
Individuals / Hindu Undivided Family-Indian (Promoter & Group) 2.47 15.51 0.50 15
Partnership Firms-Indian (Promoter & Group) 0.00 0.00 0.00 0
Persons Acting in Concert 0.00 0.00 0.00 0
Trusts 0.00 0.00 0.00 0
Others 0.00 0.00 0.00 0
Sub Total 11.61 72.83 1.46 31.70 1.46 31.70
Total ShareHolding 11.61 72.83 1.46 31.70 1.46 31.70

Particulars Mar-11
(Rs.Cr)
Mar-10
(Rs.Cr)
Mar-09
(Rs.Cr)
Gross Sales 16 6 17
Other Income 0 0 0
Total Income 16 6 17
Total Expenditure 15 6 17
PBIDT 1 0 0
Interest 0 0 0
PBDT 1 0 0
Depreciation 0 0 0
Tax 0 0 0
Deferred Tax 0 0 0
Reported Profit After Tax 1 0 0
Extra-ordinary Items 0 0 0
Adjusted Profit After Extra-ordinary item 1 0 0

Eco Recycling Ltd has informed BSE that the Board of Directors by way of passing a circular resolution on April 15, 2011 considered and approved the allotment of 8,00,000 (Eight Lakh) convertible Equity Warrants to the Bennett Coleman & Company Limited (investor) at a price of Rs. 43/- (Rupees Forty Three only) per warrant and 25% of the total consideration i.e. 86 lacs be received by the Companiy

Infotrek Syscom Ltd has informed BSE that the Company has successfully completed the amalgamation of Eco Recycling Ltd.

http://business.outlookindia.com/article.aspx?261421

http://www.techno-preneur.net/information-desk/sciencetech-magazine/2010/jan10/E-Waste/E_wate.html

http://www.scribd.com/doc/22975887/Ecoreco-E-waste-Recovery-By-Mr-T-R-Rao-2