Pondy Oxides & Chemicals (POCL) has announced the amalgamation of its wholly-owned subsidiary, POCL Future Tech (PFTPL), with itself.

This move aims to boost operational synergies, create a vertically integrated plastics recycling business, and streamline management for better efficiency and cost control.

PFTPL, focused on plastics recycling, had a turnover of ₹18.74 Cr as of Dec 2025, compared to POCL's ₹2,006.97 Cr.

Since PFTPL is a WOS, no new shares will be issued, ensuring no dilution for POCL shareholders.

The plan awaits necessary approvals.