Jain Resource Recycling: No Deviation in IPO Fund Use

Jain Resource Recycling Ltd reports no deviation or variation in the utilization of funds raised through its Initial Public Offering (IPO) for the quarter ended March 31, 2026. The company confirms that the funds were used according to the objects stated in the prospectus. The IPO, which occurred on September 26, 2025, raised ₹12,500 Million, comprising a fresh issue of ₹5,000 Million and an offer for sale of ₹7,500 Million. CRISIL Ratings Limited is the monitoring agency. The audit committee and auditors have no comments regarding deviations.