Jain Resource Recycling Ltd (JAINREC) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Jain Resource Recycling Ltd on NSE and BSE, with an AI summary of each filing.
Link of audio recording of the Earnings Call on the Un-audited Financial Results for the quarter and half year ended September 30, 2026.
Audio / Video · 04 Nov 2026, 9:48 pm
Jain Resource Recycling Releases Q2 and H1 FY27 Earnings Call Audio Recording Jain Resource Recycling Limited has made available the audio recording of its earnings conference call held on 4th Nov'26. The call pertained to the company's un-audited financial results for the quarter and half-year ended 30th Sep'26. The recording has been uploaded to the company's official website in compliance with Regulation 30 of the SEBI LODR Regulations.
Investor Presentation relating to the Earnings Call scheduled to be held on November 4, 2026.
Investor Presentation · 04 Nov 2026, 12:00 am
Jain Resource Recycling Posts Strong H1FY27 Growth Driven by Copper Expansion Jain Resource Recycling reported Q2FY27 consolidated revenue of Rs. 3,337.0 crore, up 58% YoY and 22% QoQ, with EBITDA at Rs. 138.8 crore and PAT at Rs. 90.6 crore (+30.5% QoQ). H1FY27 revenue grew 65.5% YoY to Rs. 6,061.4 crore, driven by copper and copper ingots volume surge of 73.3% YoY. Copper value-added products contributed Rs. 469.0 crore in H1FY27. Working capital days improved to 49 days from 66 days in FY26, alongside positive operating cash flow, while net debt-to-equity declined to 0.5x.
Statement of Deviation(s) or Variations(s) under Regulation 32 of SEBI (LODR) Regulations, 2015 for the quarter ended September 30, 2026.
Others (Uncategorized) · 03 Nov 2026, 11:54 pm
Jain Resource Recycling Reports Zero Deviation in IPO Proceeds Utilization for Q2FY27 Jain Resource Recycling reported no deviations in utilizing funds raised via its Rs. 12,500 million IPO (Rs. 5,000 million fresh issue) for the quarter ended 30th Sep'26. Of the fresh issue proceeds, Rs. 3,750 million has been fully deployed for debt pre-payment and Rs. 986.43 million for general corporate purposes. Total funds utilized reached Rs. 4,963.36 million, leaving Rs. 36.64 million in unutilized issue expenses, which the Board approved on 7th Oct'26 to reallocate to general corporate purposes.
Financial Results for the quarter and half year ended September 30, 2026.
Financial Result · 03 Nov 2026, 5:49 pm
Unaudited Financial results (standalone and consolidated) of the Company for the quarter and half year ended September 30, 2026.
Outcome · 03 Nov 2026, 5:39 pm
Jain Resource Recycling Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Million) ■ Revenue: 33,370 (+57.9% YoY | +22.5% QoQ) ■ EBITDA: 1,388 (-13.3% YoY | +26.7% QoQ) ■ EBITDA Margin (%): 4.2 (-341 bps YoY | +14 bps QoQ) ■ PAT: 910 (-8.3% YoY | +31.0% QoQ) ■ EPS (INR): 2.63 (-14.1% YoY | +30.2% QoQ) Jain Resource Recycling Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Million) Segmental Performance Aluminium & Aluminium Alloys ■ Revenue: 827 (+25.8% YoY | +15.8% QoQ) ■ EBIT: 52.9 (+78.7% YoY | +13.3% QoQ) ■ EBIT Margin (%): 6.4 (+189 bps YoY | -14 bps QoQ) Lead & Lead Alloy Ingots ■ Revenue: 8,153 (-20.4% YoY | +3.8% QoQ) ■ EBIT: 673 (-31.7% YoY | +12.2% QoQ) ■ EBIT Margin (%): 8.3 (-135 bps YoY | +62 bps QoQ) Copper & Copper Ingots ■ Revenue: 20,217 (+102.0% YoY | +17.8% QoQ) ■ EBIT: 611 (+3.7% YoY | +30.8% QoQ) ■ EBIT Margin (%): 3.0 (-286 bps YoY | +30 bps QoQ) Copper and Copper Value Added Products ■ Revenue: 3,473 (+185.5% QoQ) ■ EBIT: 37.7 (Loss to Profit QoQ) ■ EBIT Margin (%): 1.1 (Loss to Profit QoQ) Copper & Finished Copper Scrap ■ Revenue: 254 ■ EBIT: 2.2 ■ EBIT Margin (%): 0.9 Others ■ Revenue: 446 (+101.9% YoY | +48.0% QoQ) ■ EBIT: 4.2 (Loss to Profit YoY | Loss to Profit QoQ) ■ EBIT Margin (%): 0.9 (Loss to Profit YoY | Loss to Profit QoQ)
Jain Resource Recycling Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 03 Nov 2026, 5:38 pm
Jain Resource Recycling Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Million) ■ Revenue: 33,370 (+57.9% YoY | +22.5% QoQ) ■ EBITDA: 1,388 (-13.3% YoY | +26.7% QoQ) ■ EBITDA Margin (%): 4.2 (-341 bps YoY | +14 bps QoQ) ■ PAT: 910 (-8.3% YoY | +31.0% QoQ) ■ EPS (INR): 2.63 (-14.1% YoY | +30.2% QoQ) Jain Resource Recycling Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Million) Segmental Performance Aluminium & Aluminium Alloys ■ Revenue: 827 (+25.8% YoY | +15.8% QoQ) ■ EBIT: 52.9 (+78.7% YoY | +13.3% QoQ) ■ EBIT Margin (%): 6.4 (+189 bps YoY | -14 bps QoQ) Lead & Lead Alloy Ingots ■ Revenue: 8,153 (-20.4% YoY | +3.8% QoQ) ■ EBIT: 673 (-31.7% YoY | +12.2% QoQ) ■ EBIT Margin (%): 8.3 (-135 bps YoY | +62 bps QoQ) Copper & Copper Ingots ■ Revenue: 20,217 (+102.0% YoY | +17.8% QoQ) ■ EBIT: 611 (+3.7% YoY | +30.8% QoQ) ■ EBIT Margin (%): 3.0 (-286 bps YoY | +30 bps QoQ) Copper and Copper Value Added Products ■ Revenue: 3,473 (+185.5% QoQ) ■ EBIT: 37.7 (Loss to Profit QoQ) ■ EBIT Margin (%): 1.1 (Loss to Profit QoQ) Copper & Finished Copper Scrap ■ Revenue: 254 ■ EBIT: 2.2 ■ EBIT Margin (%): 0.9 Others ■ Revenue: 446 (+101.9% YoY | +48.0% QoQ) ■ EBIT: 4.2 (Loss to Profit YoY | Loss to Profit QoQ) ■ EBIT Margin (%): 0.9 (Loss to Profit YoY | Loss to Profit QoQ)
Intimation of Earnings Call scheduled to be held on November 4, 2026 at 12:30 PM (IST)
Intimation · 04 Nov 2026, 12:30 pm
Jain Resource Recycling Schedules Q2FY27 Earnings Conference Call for 4th Nov'26 Jain Resource Recycling Limited has scheduled an earnings conference call for analysts and investors on 4th Nov'26 at 12:30 PM IST. Hosted by DAM Capital Advisors, the call will discuss the company's standalone and consolidated financial results for the quarter and half-year ended 30th Sep'26 (Q2FY27), following their Board approval on 3rd Nov'26. Senior leadership, including Chairman & MD Kamlesh Jain, Joint MD Mayank Pareek, and CFO Hemant Jain, will represent the company.
Jain Resource Recycling Limited has informed the Exchange about Board Meeting to be held on 03-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 .
Intimation · 03 Nov 2026, 5:30 am
Jain Resource Recycling Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve Un-audited Standalone ....
Intimation · 03 Nov 2026, 5:30 am
Jain Resource Recycling to Consider Q2 Results on 3rd Nov'26 Jain Resource Recycling Limited's Board of Directors will meet on 3rd Nov'26 to consider and approve the un-audited standalone and consolidated financial results for the quarter and half-year ended 30th Sep'26. The trading window for designated persons and their immediate relatives has been closed effective 1st Oct'26 and will reopen 48 hours after the declaration of the financial results.
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 03 Nov 2026, 5:30 am
Jain Resource Recycling Limited has informed the exchange on providing Corporate Guarantee to Jain Green Technologies Private Limited (Wholly Owned Subsidiary Company)
Others (Uncategorized) · 17 Oct 2026, 12:58 am
Jain Resource Recycling Issues ₹150 Crore Corporate Guarantee for Subsidiary Jain Resource Recycling Limited has issued corporate guarantees aggregating to ₹150 crore on 16th Oct'26 on behalf of its wholly owned subsidiary, Jain Green Technologies Private Limited (JGT). The guarantees secure credit facilities availed by JGT, comprising ₹100 crore in favour of RBL Bank Limited and ₹50 crore in favour of Yes Bank Limited for working capital and short-term credit requirements. The guarantees will be treated as contingent liabilities on the company’s balance sheet, involving no immediate cash outflow.
Board of Directors have considered and approved the amendment in object clause of MOA
Others (Uncategorized) · 15 Oct 2026, 8:17 pm
Jain Resource Recycling Approves MOA Alteration and Board Appointments via Postal Ballot Jain Resource Recycling Limited's Board approved altering the Object Clause of its Memorandum of Association to expand into mineral extraction, automated machinery, IoT solutions, and broad-scale commodities trading. The Board also approved the appointments of Mr. Prakash Kumar Behera and Ms. Kajal Mayur Saiya as Independent Directors via special resolutions. Shareholder approval will be conducted via remote e-voting, opening on 17th Oct'26 and closing on 15th Nov'26, with the cut-off date fixed as 9th Oct'26. Results will be declared on or before 17th Nov'26.
Jain Resouce Recycling Limited has informed the Exchange regarding Outcome of Board Meeting held on October 15, 2026.
Others (Uncategorized) · 15 Oct 2026, 8:13 pm
Jain Resource Recycling Approves Object Clause Alteration and Board Appointments Jain Resource Recycling Limited's board approved altering its Memorandum of Association (MoA) object clause to significantly expand operations into broader mineral processing, mining infrastructure, automated vending machinery, IoT solutions, and diversified multi-commodity trading. The board also approved the appointments of Prakash Kumar Behera and Kajal Mayur Saiya as Independent Directors, effective 22nd Aug'26, filling casual vacancies. Shareholder approval for these special resolutions will be sought via postal ballot, with remote e-voting scheduled from 17th Oct'26 to 15th Nov'26 and results declared by 17th Nov'26.
Outcome of Circular Resolution passed by the Board of Directors, approving: 1. Re-allocation of un-utilised proceeds of the Initial Public Offer. 2.Postal Ballot Notice.
Others (Uncategorized) · 07 Oct 2026, 11:39 pm
Jain Resource Recycling Reallocates ₹36.64 Million IPO Proceeds to General Corporate Purposes The Board of Directors of Jain Resource Recycling approved the reallocation of ₹36.64 million in unutilised IPO proceeds from Issue Expenses to General Corporate Purposes on 7th Oct'26, keeping total general corporate allocations within the 25% statutory cap under SEBI ICDR Regulations. Additionally, the Board approved a Postal Ballot notice seeking shareholder approval via remote e-voting (active from 17th Oct'26 to 16th Nov'26) for appointing Mr. Prakash Kumar Behera and Ms. Kajal Mayur Saiya as Independent Directors following casual vacancies.
Jain Resource Recycling Ltd has clarified the exchange regarding spurt in volume
Others (Uncategorized) · 23 Sept 2026, 8:27 pm
Jain Resource Recycling Clarifies Volume Surge is Purely Market Driven Jain Resource Recycling Limited clarified to BSE on 23rd Sep'26 regarding the recent significant increase in share trading volumes. The company confirmed it has consistently made prompt disclosures under Regulation 30 of SEBI LODR Regulations and has no undisclosed, material price-sensitive information affecting operations or performance. Management stated the volume increase is entirely market driven, reaffirming its commitment to comply with regulatory disclosure norms as events materialize.
The Exchange has sought clarification from Jain Resource Recycling Ltd on September 23, 2026, with reference to Movement in Volume. <BR><BR>The reply is awaited. <BR>
Others (Uncategorized) · 23 Sept 2026, 7:15 pm
Jain Resource Recycling Limited has informed the exchange on Providing Corporate Guarantee to Jain CY Circular Solutions Private Limited (Subsidiary Company)
Others (Uncategorized) · 19 Sept 2026, 1:53 am
Jain Resource Recycling Approves Additional ₹50 Crore Guarantee for Subsidiary Jain Resource Recycling Limited approved a second tranche corporate guarantee of up to ₹50 Crore in favour of ICICI Bank Limited on 17th Sep'26. The guarantee secures working capital and short-term credit facilities for its subsidiary, Jain CY Circular Solutions Private Limited. This brings total guarantees issued for the subsidiary to ₹100 Crore, well within the overall ₹200 Crore limit approved on 13th Jul'26. The arm's-length transaction creates a contingent liability with no immediate cash outflow for the company.
Jain Resource Recycling Limited has submitted to the Exchange a copy of the Scrutinizer''s Report and Voting Results of the 5th Annual General Meeting held on August 27, 2026.
Annual General Meeting · 29 Aug 2026, 12:13 am
Jain Resource Recycling Limited has informed the exchange about the revision in Credit Rating by CRISIL Ratings Limited.
Others (Uncategorized) · 28 Aug 2026, 10:54 pm
Jain Resource Recycling (JAINREC) Receives CRISIL Rating Upgrade CRISIL Ratings upgraded Jain Resource Recycling's long-term bank facilities rating to 'CRISIL AA-/Stable' from 'CRISIL A+/Watch Developing' on 27 Aug'26. The upgrade and removal from 'Watch Developing' follows the operational restoration of its Unit-II facility, which had negligible financial impact. The revision reflects the company's strong business and financial profile, established market position in non-ferrous metal recycling, and positive growth prospects. The upgrade is a significant credit positive, signaling improved financial stability and lower borrowing costs for the company.
Jain Resource Recycling Limited has informed the exchange on the Proceedings of the Annual General Meeting held on August 27, 2026
Annual General Meeting · 28 Aug 2026, 2:28 am
Execution of Loan Conversion Agreement with Jain Ikon Global Ventures FZC, subsidiary of the Company.
Others (Uncategorized) · 26 Aug 2026, 5:30 pm
Jain Resource Recycling to Convert Loan to Equity in Subsidiary Jain Resource Recycling will convert an outstanding loan of AED 1.71M (approx. INR 44.50 Cr) to its subsidiary, Jain Ikon Global Ventures FZC, into equity. The conversion, executed on 25-Aug'26, involves issuing 11,376 equity shares at AED 1,500 each. This transaction increases Jain Resource's shareholding in the subsidiary from 70.00% to 99.74%. The move aims to consolidate the investment in Jain Ikon, which has ceased operations and has a negative net worth, and to facilitate its eventual divestment.
Acquision of equity shares of Jain Ikon Global Ventures FZC, subsidiary of the Company pursuant to Loan Conversion Agreement.
Others (Uncategorized) · 26 Aug 2026, 5:24 pm
Jain Resource Recycling to Convert Loan, Upping Stake in UAE Subsidiary Jain Resource Recycling will convert an outstanding loan of AED 17.06m (~INR 44.50 Cr) to its UAE subsidiary, Jain Ikon Global Ventures FZC, into equity. The non-cash transaction, approved on 25 Aug'26, increases its shareholding in Jain Ikon from 70.00% to 99.74%. The conversion consolidates the investment ahead of a potential future divestment of the gold and silver refining subsidiary. The transaction is based on a valuation of AED 1,500 per share and is expected to be completed within two months.
The Board of Directors has reconstituted the Committees of the Board of Directors. The details are stated in the enclosed letter.
Others (Uncategorized) · 22 Aug 2026, 6:27 pm
Jain Resource Recycling Announces Board and Committee Changes Jain Resource Recycling announced the resignation of Independent Director Ms. Revathi Raghunathan, effective Aug 19, '26, who also ceased as Chairperson of the Audit Committee. Consequently, the Board appointed Ms. Kajal Mayur Saiya as an Independent Director from Aug 22, '26, to fill the vacancy until Mar 18, '28. Separately, Mr. Prakash Kumar Behra was appointed as an Independent Director effective Aug 22, '26. Following these changes, the Board has reconstituted its Audit and Nomination & Remuneration Committees, effective from Aug 22, '26.
The Board of Directors of the Company has appointed Ms. Kajal Mayur Saiya and Mr. Prakash Kumar Behra as Independent Directors, subject to Shareholders approval.
Change in Management · 22 Aug 2026, 6:20 pm
Jain Resource Recycling Announces Board Reshuffles and New Appointments Jain Resource Recycling announced the resignation of two Independent Directors. Ms. Revathi Raghunathan resigned effective 19th Aug'26 and Mr. Kandaswamy Paramasivan resigned effective 3rd Aug'26, both for personal reasons. Consequently, the Board appointed Ms. Kajal Mayur Saiya and Mr. Prakash Kumar Behra as new Independent Directors, effective 22nd Aug'26, to fill the vacancies until 18th Mar'28, subject to shareholder approval. The Audit and Nomination & Remuneration committees have also been reconstituted following these changes.
Resignation of Ms. Revathi Raghunathan, Independent Director of the Company with effect from August 19, 2026.
Change in Management · 22 Aug 2026, 6:10 pm
Jain Resource Recycling Announces Board and Committee Changes Jain Resource Recycling announced board changes on Aug 22, '26. Independent Director Ms. Revathi Raghunathan resigned effective Aug 19, '26, citing personal reasons. Consequently, she ceased to be Chairperson of the Audit Committee. To fill the vacancy, the board appointed Ms. Kajal Mayur Saiya as an Independent Woman Director, effective Aug 22, '26, for a term up to Mar 18, '28. The board also appointed Mr. Prakash Kumar Behra as an Independent Director to fill another vacancy, with the same effective date and term.