Jain Resource Recycling Ltd

Jain Resource Recycling Ltd announced the appointment of Ms. Kajal Mayur Saiya and Mr. Prakash Kumar Behra as Independent Directors. Their appointments are effective from August 22, 2026, and are intended to fill casual vacancies arising from the resignations of Ms. Revathi Raghunathan and Mr. Kandaswamy Paramasivan, respectively. Both new directors have provided necessary consents and declarations. The board also reconstituted the Audit Committee and Nomination and Remuneration Committee.

Jain Resource Recycling Ltd announced the resignation of Ms. Revathi Raghunathan as an Independent Director, effective August 19, 2026, due to personal reasons. Concurrently, the Board of Directors appointed Ms. Kajal Mayur Saiya as an Independent Woman Director to fill the casual vacancy until March 18, 2028, subject to member approval. The company also appointed Mr. Prakash Kumar Behra as an Independent Director to fill another vacancy. The Board re-constituted the Audit Committee and Nomination and Remuneration Committee following these changes.

Jain Resource Recycling Ltd announced that its Board of Directors has appointed Ms. Kajal Mayur Saiya and Mr. Prakash Kumar Behra as Independent Directors. These appointments are subject to shareholder approval and are intended to fill casual vacancies created by the resignations of Ms. Revathi Raghunathan and Mr. Kandaswamy Paramasivan. Ms. Saiya's appointment fills the vacancy left by Ms. Raghunathan, effective August 22, 2026, until March 18, 2028. Mr. Behra's appointment fills the vacancy left by Mr. Paramasivan, also effective August 22, 2026, until March 18, 2028. The company also noted the reconstitution of its Audit Committee and Nomination and Remuneration Committee.

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.

Jain Resource Recycling Ltd has filed a statement confirming no deviation or variation in the utilization of funds raised through its Initial Public Offering (IPO). The report covers the quarter ended June 30, 2026. The company raised ₹12,500 Million via a Public Issue in September 2025. A minor adjustment was made to disclose issue expenses correctly, leading to a reallocation of funds from issue expenses to General Corporate Purposes. The total funds utilized as of June 30, 2026, align with the revised allocations.

Jain Resource Recycling Ltd has filed its Monitoring Agency Report for the quarter ended June 30, 2026, issued by CRISIL Ratings Limited. The report confirms the utilization of IPO proceeds. While the company declared no deviation from the stated objects, a prior deviation was noted in Q4 FY25 where ₹54.00 crore was used for General Corporate Purposes (repayment of unsecured loan to a promoter/director), which was subsequently ratified by shareholders on April 26, 2026. The Audit Committee and Board of Directors have reviewed and taken the report on record.

Jain Resource Recycling Ltd has announced its 5th Annual General Meeting (AGM) will be held on Thursday, August 27, 2026, at 11:00 AM IST. The meeting will be conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM). Key agenda items include the adoption of audited standalone and consolidated financial statements for FY 2025-26, the reappointment of Mr. Kamlesh Jain as Director, and the ratification of remuneration for the Cost Auditor for FY 2026-27. The notice is available on the company's website, and members without registered email addresses will receive a web-link and QR code for the AGM notice and Annual Report.

Jain Resource Recycling Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The report, which forms an integral part of the Annual Report, is available on the company's website. Key details include its Corporate Identity Number (CIN), incorporation date, registered and corporate addresses, and contact information. The company operates on a consolidated reporting basis. Its primary business activity is the manufacturing of Copper, Aluminium, and Lead Scrap, accounting for 100% of its turnover. The products sold include lead, zinc, tin products, copper products, and aluminium from alumina, contributing 40%, 55%, and 4% to turnover respectively. The company serves markets across 20 national locations and exports contribute approximately 62% of its total turnover, with a B2B model serving various end-use industries and marquee clients both domestically and internationally. As of the financial year-end, the company had 443 permanent employees and 1,350 other than permanent workers, with no reported differently-abled employees or workers.

Jain Resource Recycling Limited has announced its 5th Annual General Meeting (AGM) scheduled for Thursday, August 27, 2026, at 11:00 A.M. IST, to be conducted via Video Conferencing/Other Audio-Visual Means. The company has also released its Annual Report for the Financial Year 2025-26, along with the Notice of the AGM. The report details corporate overview, statutory reports, management discussion, and financial performance. Members can exercise their voting rights through remote e-Voting facilitated by NSDL, with specific dates and times provided for the voting period. The Annual Report is available on the company's website and will be dispatched electronically to members with registered email addresses.

Jain Resource Recycling Limited has received an order from the Director of Industrial Safety and Health, Chennai, permitting the resumption of manufacturing operations at its Unit-II facility, including the shed affected by a fire incident on July 27, 2026. This follows an appeal filed under the Factories Act, 1948, and acknowledges the rectifications and safety measures undertaken by the company. The prohibition order dated July 27, 2026, has been revoked, subject to stipulated safety conditions. The company is assessing the financial impact and ensuring compliance with all safety requirements.