Cerebra increases its Recycling Capacity by 100% to 40000 Metric Ton; Stock ends higher

The company is currently working with large Consumer Electronics and IT hardware OEMs to fulfill the EPR commitments.

Oct 05, 2021 03:10 IST India Infoline News Service

Cerebra Integrated Technologies Limited announced on Tuesday that it has increased its capacity by 100% from the current Recycling & Refurbishment Capacity of 20,000 Metric Tons.

Cerebra will be able to sign on more companies that need to fulfill their EPR obligations in the current year as well as for the future years up to 40,000 Metric Tons.

Cerebra manages and operates the Producer’s Responsibility Organization (PRO) and offers IT and Electronic Equipment OEM’s a sustainable, reliable, and efficient option to comply with their Extended Producer Responsibility (EPR).

Cerebra is currently working with large Consumer Electronics and IT hardware OEM's to fulfill the EPR commitments. Cerebra has set up a vast collection network across India to enable the collection of old / obsolete EOL consumer electrical & electronics E-waste directly from the end user, repair centres and retailers. Cerebra supports producers by providing state-of-the-art services, assuring consistency and legal compliance.

Cerebra Integrated Technologies Limited is a public listed Company and has launched one of India’s largest E-Waste Recycling units in February 2017 to address one of most neglected and unorganized sectors in India. Electronic waste management, or e-waste management, has emerged as one of the most toxic waste streams in the world, and India is the fifth largest producer of such waste in the world, company said in a filing.

Cerebra Integrated Technologies Ltd ended at Rs56.20 per piece up by Rs0.8 or 1.44% from its previous closing of Rs55.40 per piece on the BSE.

Related Story

Open Free Demat Account (Rs699)
Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity