Pondy Oxides & Chemicals (POCL) has invested $500,007.60 in ACE Green Recycling Inc., acquiring a 0.29% stake.

This strategic move marks POCL's entry into the innovative battery recycling business, focusing on lead and lithium batteries.

ACE Green provides sustainable, zero-emission recycling solutions globally.

The investment diversifies POCL's portfolio, tapping into the growing circular economy for critical battery materials.

While the stake is small, it positions POCL in a high-growth, green technology segment, enhancing its long-term strategic capabilities.