ResGen Limited (BSE - 543805), specializes in innovative technologies that transform waste into valuable resources. Building on its earlier success as the India's first Waste-to-Oil (Chemical Recycling) facility to earn Extended Producer Responsibility (EPR) Credits, Resgen Limited continues to lead the way in sustainable waste management. With a mission to promote a circular economy, Resgen has expanded its partnerships, joining forces with Goneutral Technologies Pvt. Ltd. to deliver comprehensive EPR solutions for a new roster of prestigious brands.
ResGen's innovative Waste-to-Oil facility has revolutionized the management of nonrecyclable waste by converting it into valuable resources. This breakthrough process addresses the critical challenge of repurposing end-of-life materials, creating a circular economy model where waste is reintroduced into industrial supply chains.
In a strategic move to bolster its EPR compliance offerings, ResGen has forged a new partnership with Goneutral Technologies Pvt. Ltd. This collaboration significantly expands ResGen's capabilities to provide end-to-end EPR solutions to both global and Indian brands.
New High-Profile Clients
The partnership with Goneutral Technologies positions ResGen to service the EPR needs of renowned brands including:
- Microsoft India R&D
- Lenovo Global Technology
- Parle Agro
- Marico
- Britannia Industries
Building on Established Collaborations
This latest partnership complements ResGen's earlier collaborations with industry leaders such as Cerclex, Elena, Recykal, and Rekart. Through these alliances, the company has successfully supported the EPR requirements of major companies including:
- Adani Wilmar Limited
- Colgate Palmolive (India) Limited
- Indian Railway Catering & Tourism Corporation (IRCTC)
- Pidilite Industries Limited
- Ghodawat Consumer Limited
- Pernod Ricard India Private Limited
As Resgen continues to expand its partnerships, Mr. Karan Bora, Managing Director of Resgen Limited, highlighted the significance of collaboration in addressing waste challenges. "Our partnerships, both past and present, reflect our commitment to reducing waste and fostering a circular economy. By teaming up with Goneutral Technologies Pvt. Ltd. and other key organizations, we are delivering robust solutions that help businesses meet their EPR responsibilities while contributing to a more sustainable future." He continued, "Our Waste-to-Oil technology is the foundation of our efforts, but it's through collaborations with brands like Microsoft India, Lenovo, Parle Agro, and others that we're able to scale and make a greaterimpact."
As India strengthens its regulatory framework around waste management, ResGen's innovative solutions provide a timely and effective approach for companies to meet these evolving standards. The addition of global players like Microsoft India and Lenovo to ResGen's client portfolio underscores the growing recognition of the importance of responsible waste management across industries.
Future Outlook
ResGen Limited is poised to play an increasingly crucial role in India's environmental transformation. As more brands prioritize sustainable practices, the company's Waste-to-Oil technology and comprehensive EPR solutions offer a scalable path to achieving circular economy goals.
The company remains committed to driving innovation in waste management, fostering new partnerships, and supporting businesses in their journey towards environmental responsibility. With more brands recognizing the importance of responsible waste management, Resgen is positioned to play an increasingly vital role in India's environmental transformation, ensuring that materials are effectively recovered, reused, and reintegrated into the economy, fostering a more sustainable future for all.
Shares of Resgen Limited was last trading in BSE at Rs. 151.00 as compared to the previous close of Rs. 153.40. The total number of shares traded during the day was 112500 in over 64 trades.
The stock hit an intraday high of Rs. 157.00 and intraday low of 147.30. The net turnover during the day was Rs. 17129400.00. |
