Just for background, company has incorporated wholly owned subsidiary “Shantol Recycling Private Limited” in April, 2023. It is engaged in the business of recycling of waste rubber, waste used tyre, plastic waste, ewaste, municipal waste and other waste material and to produce hydro carbon fuel, carbon blacks, metal scraps and other residue materials as may be produced directly or indirectly from the recycling process and to trade or deal in all such products derived from recycling process.
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