Jain Resource Recycling Limited has published newspaper advertisements in Form PAS-1 format across multiple publications, confirming compliance with regulatory requirements for its ongoing postal ballot process. The company submitted these advertisements to stock exchanges under Regulation 30 of SEBI Listing Regulations on March 28, 2026.

Regulatory Compliance and Advertisement Publication

The company published Form PAS-1 advertisements in three newspapers on March 28, 2026, seeking shareholder approval for variation in IPO proceeds utilization. The publications include:

The advertisements are hosted on the company's website at https://www.jainmetalgroup.com/information-published-newspapers.php , ensuring broader accessibility for stakeholders.

IPO Proceeds Deviation Details

The Form PAS-1 advertisement specifically addresses the deviation in utilization of ₹540.00 million from the "General Corporate Purposes" allocation of IPO proceeds. This amount was inadvertently used for repayment of unsecured loans from promoter-directors, requiring special resolution approval from shareholders.

The company has clarified that corrective measures have been implemented, with the promoter returning the amount as a loan to restore company funds.

Postal Ballot Process Timeline

The comprehensive postal ballot encompasses four critical corporate resolutions, with the IPO proceeds deviation being addressed through a special resolution. The voting process continues through remote e-voting via KFin Technologies Limited.

Additional Corporate Matters

Beyond the IPO proceeds ratification, shareholders will vote on Managing Director Kamlesh Jain's remuneration package of ₹30 lakhs per month with an annual ceiling of ₹5 crore. The ballot also includes subsidiary executive appointments and Articles of Association amendments related to common seal provisions.

M/s. BP & Associates, Practicing Company Secretaries, serve as scrutinizers to ensure transparent voting procedures, with results to be communicated to stock exchanges upon completion.

Jain Resource Recycling Limited has announced a scheduled analyst and investor meeting at its Gummidipoondi Plant in Tamil Nadu, as communicated to the National Stock Exchange of India Limited and BSE Limited on March 16, 2026.

Meeting Details and Format

The company has organized the investor interaction as part of its regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015. The meeting is structured to provide stakeholders with direct access to company operations through a plant visit format.

Regulatory Compliance and Information Disclosure

The company has emphasized its commitment to transparent communication while adhering to regulatory guidelines. Company officials will conduct the meeting ensuring all discussions remain within the framework of publicly available information.

Key compliance aspects include:

• No unpublished price sensitive information (UPSI) will be discussed during interactions
• All discussions will be based on publicly available information
• The intimation follows Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015

Company Communication and Flexibility

The intimation was signed by Bibhu Kalyan Rauta, Company Secretary and Compliance Officer, who noted that changes may occur due to exigencies on the part of participants or the company. This acknowledgment reflects the company's practical approach to scheduling while maintaining professional standards for investor relations.

The meeting represents Jain Resource Recycling Limited's ongoing efforts to maintain regular communication with its investor and analyst community through structured plant visits and direct interactions at operational facilities.