Acquisition

International Conveyors LimitedINTLCONV · Filed with the exchange

International Conveyors (INTLCONV) has acquired 121,540 equity shares of Ganesha Ecosphere Ltd. for `11.28 Crore`. This is an investment into Ganesha Ecosphere, a key player in India's rPET Fibre manufacturing sector, known for pioneering production from PET bottle scrap.

The target entity reported a turnover of `1465.54 Crore` in FY24-25, highlighting its significant market presence.

This acquisition signals INTLCONV's financial interest in a leader within the circular economy segment.

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