Corporates

Ganesha Ecosphere Invests Rs 100 Crore In Subsidiary Ganesha Ecopet

Textile Insights June 28, 2024

Ganesha Ecosphere Limited (GESL) has announced a significant investment in its wholly-owned subsidiary, Ganesha Ecopet Pvt. Ltd. The company has invested Rs. 100 crore into Ganesha Ecopet by subscribing to 10 crore equity shares, each with a face value of Rs. 10, on a rights basis. This

Corporates

Ganesha Ecosphere Invests In RACE Eco Chain To Transform Waste Management

Textile Insights June 16, 2024

Ganesha Ecosphere Ltd, India’s largest PET waste recycler, has announced a pivotal move by entering into a strategic equity investment with RACE Eco Chain Ltd. This partnership aims to reshape India’s waste management supply chain landscape significantly. The collaboration between Ganesha Ecosphere and RACE Eco Chain holds substantial promise to organize and

Corporates

Ganesha Ecosphere Plans Rs 500 Crore Preferential & QIP Issues For Expansion

Textile Insights November 26, 2023

In a recent board meeting held on November 24, 2023, Ganesha Ecosphere Ltd deliberated on the future prospects of its rPET chips project. The board acknowledged the potential need for further capacity addition based on engagements with customers. Subsequently, the board approved the following proposals, pending regulatory approvals and shareholder consent: Preferential

Corporates

Ganesha Ecosphere Ties Up With Coca Cola India and Moon Beverages for Sustainable Packaging Solutions

Textile Insights September 10, 2023

Ganesha Ecosphere Ltd, a frontrunner in eco-friendly solutions, has secured authorization from Coca Cola India Pvt. Ltd. to supply rPET resin, a sustainable packaging material. This endorsement extends to the production facility of Ganesha Eco Pet, a wholly-owned subsidiary of the company, enabling it to cater to preform converters in India. Furthermore, Ganesha Ecosphere