StockWatch
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Diversified Metals
Management Change22 Aug 2026, 01:00 pm

Jain Resource Recycling Reconstitutes Board Committees

AI Summary

Jain Resource Recycling Ltd announced board meeting outcomes on August 22, 2026. The company accepted the resignation of Ms. Revathi Raghunathan as Independent Director, effective August 19, 2026, due to personal reasons. Consequently, she ceased to be Chairperson of the Audit Committee and a member of the Nomination and Remuneration Committee. The Board appointed Ms. Kajal Mayur Saiya as an Independent Woman Director to fill the casual vacancy until March 18, 2028, subject to member approval. Additionally, Mr. Prakash Kumar Behra was appointed as an Independent Director to fill the vacancy caused by Mr. Kandaswamy Paramasivan's resignation, also until March 18, 2028, subject to member approval. The Board also reconstituted the Audit Committee and Nomination and Remuneration Committee following these changes.

Key Highlights

  • Resignation of Independent Director Ms. Revathi Raghunathan accepted.
  • Ms. Kajal Mayur Saiya appointed as Independent Woman Director.
  • Mr. Prakash Kumar Behra appointed as Independent Director.
  • Board committees reconstituted due to director changes.
  • Appointments are subject to shareholder approval.