Jain Resource Recycling Provides ₹150 Cr Corporate Guarantee to Subsidiary

Jain Resource Recycling Limited has provided corporate guarantees totaling ₹150 Crore to its wholly-owned subsidiary, Jain Green Technologies Private Limited (JGT). These guarantees are split between Yes Bank Limited (₹50 Crore) and RBL Bank Limited (₹100 Crore) to secure credit facilities availed by JGT. The guarantees were approved by the Borrowing and Investment Committee of Jain Resource Recycling Limited's Board of Directors on October 13, 2026. The provision of these guarantees will be treated as a contingent liability in the company's books, with no immediate cash outflow.