Organic Recycling Systems Limited (ORS), a leading player in sustainable technology solutions, is poised to venture into the Middle East market as they have entered into a Memorandum of Agreement (MOA) with BioCatalyst, the authorized Middle East distributor and service provider for Bio Organic Catalyst Inc., headquartered in California, USA. This significant agreement emphasizes ORS's commitment to advancing sustainable solutions for waste management in the Middle East Region.
The MOA establishes the terms under which ORS and BioCatalyst will cooperate jointly in the marketing and business development of various centralized and decentralized Waste Management (MSW) projects. Through this strategic collaboration, the partners seek to introduce and promote innovative technologies and practices that can revolutionize waste handling, treatment and disposal processes in the Middle East. By combining their strengths in marketing, business development, and technical expertise, ORS and BioCatalyst aspire to establish themselves as key players in the Middle East's waste management sector, offering solutions that are not only effective but also environmentally friendly and economically viable. This collaboration marks a pivotal moment in addressing environmental challenges and advancing sustainable solutions in the Middle East region.
Shares of Organic Recycling Systems Limited was last trading in BSE at Rs. 228.00 as compared to the previous close of Rs. 211.55. The total number of shares traded during the day was 26400 in over 37 trades.
The stock hit an intraday high of Rs. 231.00 and intraday low of 213.00. The net turnover during the day was Rs. 5931480.00.