Jai Corp Limited has appointed Bigshare Services Private Limited as its new Registrar and Share Transfer Agent (RTA). The change is effective from August 31, 2026, replacing KFin Technologies Limited.

Corporate Action Details

The company notified the Bombay Stock Exchange and the National Stock Exchange of India Limited on August 29, 2026, regarding the transition. This move follows a communication from National Securities Depository Limited (NSDL) confirming the schedule for the change in electronic connectivity.

KFin Technologies Limited will cease acting as the RTA for electronic connectivity with effect from the beginning of the day on August 31, 2026. Bigshare Services Private Limited will commence operations on the same date.

Regulatory Compliance

The appointment aligns with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the tripartite agreement between Jai Corp, Bigshare Services Private Limited, and KFin Technologies Limited, required under Regulation 7 of the SEBI LODR Regulations, is currently under process. The company intends to intimate the completion of this agreement in due course.

Ananjan Datta, Company Secretary at Jai Corp Limited, signed the intimation letter. NSDL Assistant Vice President Basanta Kumar Sahu confirmed the scheduled change in a separate communication dated August 28, 2026.

Jai Corp filed its Annual Report for FY26 on August 28, 2026, reporting a standalone net profit of ₹16,339.40 lakh, up 127.87% from ₹7,170.05 lakh in FY25, driven by a sharp rise in other income including dividend receipts.

The company's gross turnover from the Plastic Processing Division stood at ₹503.87 crore in FY26, compared to ₹511.64 crore in FY25. The division reported a profit of ₹68.33 crore against ₹65.98 crore in the prior year, while production increased to 40,326 MT from 39,425 MT. The Steel Division reported nil turnover and a loss of ₹0.69 crore. The Spinning Division, whose operations have been discontinued, reported a loss of ₹0.35 crore.

Financial Performance

The following table summarises key standalone financial metrics for FY26 and FY25.

The exceptional item of ₹141.33 lakh relates to incremental obligations recognised on account of the New Labour Codes effective November 21, 2025. On a consolidated basis, total income was ₹66,645.15 lakh, net profit attributable to owners was ₹16,926.31 lakh, and earnings per share from continuing and discontinuing operations stood at ₹9.64.

Dividend and Share Capital

The Board paid a special interim dividend of ₹5.00 per equity share (500%) on 17,55,04,995 equity shares for FY26, amounting to ₹8,775.25 lakh, with a record date of August 1, 2025. A final dividend of ₹0.50 per equity share (50%) has been recommended, amounting to ₹877.52 lakh, subject to shareholder approval at the 41st Annual General Meeting scheduled for September 28, 2026. The paid-up share capital remained unchanged at ₹1,755.05 lakh.

Key Financial Ratios

Foreign Exchange and CSR

FOB value of exports was ₹4,562.68 lakh in FY26 against ₹5,183.54 lakh in FY25. CIF value of imports was ₹32.68 lakh and expenditure in foreign currency was ₹377.23 lakh. The company's export contribution stood at approximately 9.06% of total turnover.

CSR expenditure for FY26 was ₹66.67 lakh against a total obligation of ₹81.71 lakh. Spending covered education sponsorship for 380 students (₹52.64 lakh), maintenance of RO water purification plants (₹3.47 lakh), and free blood units for 775 patients (₹7.68 lakh). An excess carry-forward of ₹1.16 lakh is available for set-off in future years.

Regulatory Compliance and Penalties

The secretarial audit confirmed non-compliances with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations during FY26. All penalties were paid without appeal.

The Bombay High Court, vide order dated January 31, 2025, directed a CBI investigation into complaints against the company, its subsidiaries, and its Chairman. The Enforcement Directorate also conducted searches and froze certain investments held by Urban Infrastructure Venture Capital Limited, a wholly owned subsidiary. The company states it is extending full cooperation to authorities. No provision for contingent liability has been made as the financial impact cannot be reasonably estimated.

Environmental Metrics

Total energy consumption was 137,334.69 GJ for FY26, comprising 6,933.15 GJ from renewable sources and 130,401.54 GJ from non-renewable sources. Greenhouse gas emissions (Scope 1 and Scope 2) totalled 25,639.84 metric tons of CO2 equivalent. Water withdrawal decreased to 53,277.97 kiloliters from 76,720.06 kiloliters in the prior year. Total waste generated was 3,614.77 metric tons, primarily plastic waste, with 4,109.61 metric tons recycled including externally sourced material.

Workforce

The total workforce as of March 31, 2026 comprised 1,396 individuals — 55 permanent employees and 1,341 permanent workers, all male. The turnover rate for permanent workers was 181.55% in FY26, compared to 29.06% for permanent employees. Median remuneration of employees was ₹2,87,679 in FY25-26, up 7.16% from ₹2,68,450 in FY24-25. Director-Works Dinesh D. Paliwal received remuneration of ₹84.37 lakh for FY26.

Board and AGM

The 41st AGM will be held on September 28, 2026 via video conferencing. Virendra Jain retires by rotation and offers himself for re-appointment. Dinesh D. Paliwal has been re-appointed as Director-Works for three years from April 1, 2027 to March 31, 2030, with salary not exceeding ₹8,50,000 per month. Cost auditor Tadhani and Co. has been re-appointed for FY27 at a remuneration of ₹88,000 excluding GST. Statutory auditor is Chaturvedi & Shah LLP. The standalone audit report carries an unmodified opinion; the consolidated audit report carries a qualified opinion due to unavailability of financial information for associate Urban Infrastructure Holdings Private Limited and uncertainty over interest receivables of ₹2,147 lakh in a subsidiary.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE070D01027/ef1898d4-2fb4-41b3-b2f6-94bcda6700db.pdf