Jain Resource Recycling Limited Schedules Analyst/Investor Meeting at Gummidipoondi Plant

1 min read     Updated on 16 Mar 2026, 10:30 AM
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Overview

Jain Resource Recycling Limited has scheduled an analyst/investor meeting at its Gummidipoondi Plant in Tamil Nadu on March 20, 2026, starting at 9:00 AM IST. The group meeting will feature a plant visit format, with discussions based solely on publicly available information and no unpublished price sensitive information. The company communicated this schedule to stock exchanges on March 16, 2026, in compliance with SEBI regulations.

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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.

Parameter: Details
Date: March 20, 2026
Time: 9:00 AM (IST) Onwards
Nature: Group Meeting
Type: Plant Visit
Location: Gummidipoondi, Tamil Nadu

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  • No unpublished price sensitive information (UPSI) will be discussed during interactions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.

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Securities Appellate Tribunal Grants Conditional Stay on SEBI Penalty for Jain Resource Recycling MD

2 min read     Updated on 26 Feb 2026, 06:03 PM
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Radhika SScanX News Team
Overview

Jain Resource Recycling Limited disclosed that SAT granted a conditional stay on January 30, 2026, on SEBI penalty recovery for MD Kamlesh Jain related to alleged insider trading in Reflex Industries scrip. The stay requires 50% penalty deposit within four weeks, with the next hearing scheduled for April 23, 2026. The company clarified no direct financial impact as the appeal was filed by Jain in individual capacity.

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Jain Resource Recycling Limited has informed stock exchanges about a significant development regarding the Securities and Exchange Board of India (SEBI) penalty imposed on its Managing Director. The Securities Appellate Tribunal (SAT) has granted a conditional stay on the penalty recovery through an order dated January 30, 2026.

Background of the Case

The development follows SEBI's adjudication order dated December 12, 2025, which imposed a penalty on Mr. Kamlesh Jain, Promoter and Managing Director of Jain Resource Recycling Limited. The penalty was related to alleged insider trading activities in the scrip of Reflex Industries Limited. The company had previously disclosed this matter to exchanges on December 16, 2025.

SAT Order Details

The Securities Appellate Tribunal has admitted the appeal filed by Kamlesh Jain challenging SEBI's adjudication order. The key aspects of SAT's January 30, 2026 order include:

Parameter Details
Order Type Interim Order granting conditional stay
Appeal Status Admitted by SAT
Stay Condition Deposit of 50% penalty amount within four weeks
SEBI Response Time Six weeks to file reply
Next Hearing Date April 23, 2026

Regulatory Compliance and Disclosure

Jain Resource Recycling Limited has made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required under the regulatory framework:

  • Communication Type: Order of the Securities Appellate Tribunal - Interim Order granting conditional stay
  • Receipt Date: January 30, 2026
  • Authority: Securities Appellate Tribunal
  • Stay Period: Subject to 50% penalty deposit within four weeks from January 30, 2026

Financial and Operational Impact

The company has clarified that there are no direct financial implications on Jain Resource Recycling Limited, as the appeal has been filed by Kamlesh Jain in his individual capacity as Promoter and Managing Director. The SAT order contains no findings or observations regarding the company's operations, focusing solely on the admission of appeal and conditional stay provisions.

Next Steps and Timeline

The conditional stay remains applicable subject to the deposit of 50% of the penalty amount within four weeks from January 30, 2026. SEBI has been granted six weeks to file its response to the appeal. The matter is scheduled for further hearing on April 23, 2026, when SAT will consider the case's merits and determine the next course of action.

The disclosure was signed by Bibhu Kalyan Rauta, Company Secretary and Compliance Officer, emphasizing the company's commitment to maintaining transparency with stakeholders and regulatory compliance.

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