Hi-Green Carbon will delay a Rs 6.00 Cr additional investment in its wholly-owned subsidiary, Shantol Recycling Private Limited.

This capital infusion, increasing Shantol's paid-up capital to Rs 11.00 Cr, is essential to meet bank credit facility terms for its waste recycling industrial plant.

The delay stems from the subsidiary postponing share capital issuance, linked to delays in installing capital assets.

The revised completion period for the investment is now 120 days, extended from 30 days, impacting the WOS's operational timeline.