Aarti Industries acquires stake in recycling joint venture

Aarti Industries announced the acquisition of a 49% equity stake in Re Aarti Private Limited, a joint venture focused on revolutionizing plastic recycling. The transaction, completed on February 27, 2025, involves the purchase of 4,900 equity shares of Rs. 10 each, amounting to a total investment of Rs.49,000. Re Aarti Private Limited, incorporated on January 20, 2025, aims to establish advanced Plastic Materials Recycling Facilities (PMRFs) to improve resource recovery and sustainable waste management. This acquisition aligns with Aarti Industries' commitment to sustainability and expands its involvement in the recycling sector through Aarti Circularity Limited, its wholly-owned subsidiary. The company informed the BSE and National Stock Exchange of India about this development, referencing Regulation 30 of SEBI (LODR) Regulations, 2015.