Organic Recycling Systems Approves ₹16.10 Crore Promoter Preferential Issue

Board approved preferential issue of up to 10 lakh equity shares to promoter Sarang Bhand at Rs 161/share, aggregating Rs 16.1 Cr; stake rises from 15.07% to 20.19%. First equity raise since listing and a promoter-led capital infusion, marking a shift from the company’s prior internally funded pattern. Issue is subject to shareholder and regulatory approvals; use of proceeds, dilution beyond the allottee’s stake and deployment timeline were not disclosed.