StockWatch
·
Diversified Metals
Management Change3 Aug 2026, 07:01 pm

Jain Resource Recycling Director Resigns

AI Summary

Jain Resource Recycling Ltd announced the resignation of Mr. Kandaswamy Parmasivan as an Independent Director, effective August 3, 2026, due to personal reasons. He also ceases to be a member of the Audit Committee and Chairman of the Nomination and Remuneration Committee. The company's Board of Directors acknowledged his contributions. The board meeting also approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and convened the 5th Annual General Meeting for August 27, 2026.

Key Highlights

  • Independent Director Mr. Kandaswamy Parmasivan resigns.
  • Resignation is effective August 3, 2026, for personal reasons.
  • Director also steps down from Audit and Nomination Committees.
  • Company approved Q1 FY27 unaudited financial results.
  • 5th AGM scheduled for August 27, 2026.