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Ganesha Ecosphere Ltd is a leading PET Waste Recycling company in India and is engaged in the manufacturing of Recycled Polyester Staple Fibre (RPSF), Spun yarn and dyed texturised yarn in India.
Ganesha Ecosphere's board approved granting 32,000 employee stock options to subsidiary staff. These options convert into shares acquired from the secondary market, ensuring no fresh equity dilution for existing shareholders.
Ganesha Ecosphere's Q2FY26 consolidated revenue rose 7.8% QoQ to ₹363.4 Cr, with sales volume up 16.3%. Consolidated PAT turned negative at ₹0.5 Cr, impacted by elevated raw material costs, which are now normalizing. Policy uncertainty continues to hit rPET granules demand.
GANECOS appoints M/s. S.K. Gupta & Co. as Secretarial Auditors for 5 years, starting FY2025-26. This is a continuity move as the firm has audited the company since FY2014-15.