Editor’s Note
GEM Enviro Management has formed a joint venture, Nova GEM Limited, with Rudrabhishek Infosystem to deliver technical solutions in recycling, waste management, and sustainability. The company will hold a 51% majority stake in the new entity.
GEM Enviro Management Limited’s board approved the incorporation of a joint venture company, Nova GEM Limited, with Rudrabhishek Infosystem Private Limited during a board meeting held on February 17, 2026. The strategic partnership aims to provide technical and technological solutions in recycling, waste management, sustainability, and ecosystem conservation. GEM Enviro will hold a 51% stake in the joint venture.
The proposed joint venture company will be named Nova GEM Limited, subject to approval from the Ministry of Corporate Affairs. The authorized share capital is Rs. 1,00,00,000, with a paid-up share capital of Rs. 50,00,000. GEM Enviro will hold a 51% stake, and Rudrabhishek Infosystem will hold 49%. The consideration type is cash.
Rudrabhishek Infosystem Private Limited, a wholly-owned subsidiary of Rudrabhishek Enterprises Limited, brings complementary capabilities to the joint venture. The partnership combines both companies’ expertise in sustainability solutions.
The joint venture will operate in the domestic market, focusing on providing technical and technological solutions across multiple sustainability areas. This collaboration represents GEM Enviro’s strategic investment to expand its capabilities in environmental solutions.
Key business areas include:
• Recycling solutions and technology
• Comprehensive waste management services
• Sustainability consulting and implementation
• Ecosystem conservation projects
The joint venture formation complies with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The incorporation requires approval from the Ministry of Corporate Affairs before the company can commence operations. The transaction does not constitute a related party transaction, and the joint venture agreement terms are yet to be finalized and executed. The board meeting, which commenced at 04:30 P.M. and concluded at 05:00 P.M., provided in-principle approval for the strategic partnership.
Upon incorporation, Nova GEM Limited will become a subsidiary of GEM Enviro Management Limited, strengthening the company’s position in the sustainability and waste management sector.
