Jain Resource Recycling shareholders overwhelmingly approved a strategic pivot into telecommunications infrastructure during an Extra-ordinary General Meeting (EGM) held on July 30, 2026. The special resolution, which amends the company’s Memorandum of Association to permit activities in optical fibre cables and telecom infrastructure, secured 99.95% support from voting shareholders. This decisive mandate clears the path for the firm to diversify beyond its existing recycling operations into India’s growing digital connectivity sector.

The EGM was conducted via Video Conferencing / Other Audio Visual Means (VC/OAVM) in compliance with SEBI guidelines and Section 108 of the Companies Act, 2013. National Securities Depositories Limited (NSDL) facilitated the e-voting process, which ran from July 27 to July 29, 2026. Of the 345,085,814 shares on record as of July 24, 2026, approximately 284.4 million votes were polled, representing an 82.4% turnout. The resolution passed with 284,377,045 votes in favor and only 129 against.

Voting Breakdown

The voting results reflect strong consensus across all shareholder categories. Promoter group holdings voted unanimously in favor, while public non-institutional shareholders also showed 100% support. Institutional investors registered a near-unanimous approval rate of 99.99%. Invalid votes totaled 132,773, primarily from the public non-institutional segment.

BP & Associates, led by Scrutinizer D Rangarajan (Membership No. 14171), verified the results. The scrutinizer’s report, issued on July 30, 2026, confirmed that the electronic voting system operated without anomalies and that the requisite majority for the special resolution was achieved. The Board had appointed the scrutinizer during its meeting on July 8, 2026.

Strategic Context

Hemant Shantilal Jain, Director & CFO, presented the rationale for the amendment, citing growth opportunities in telecom infrastructure as a key driver for diversification. Mayank Pareek, Joint Managing Director, supported the proposal, emphasizing the strategic necessity of entering the digital connectivity space. The amendment allows Jain Resource Recycling to leverage its industrial base in Tamil Nadu for new revenue streams aligned with national digital infrastructure goals.

The meeting was attended by 38 members via VC, satisfying the quorum requirements. No shareholder questions were raised during the session. The final results were submitted to the National Stock Exchange and BSE Limited under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on July 31, 2026.

Jain Resource Recycling will host an earnings conference call on Tuesday, August 4, 2026, at 10:00 AM IST to discuss its unaudited financial results for the quarter and three months ended June 30, 2026. The announcement follows a Board of Directors meeting held on Monday, August 3, 2026, where the standalone and consolidated results were considered and approved. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Call Details

The earnings call is open to analysts and investors, with DAM Capital Advisors Ltd appointed as the call leader to facilitate the discussion. Participants are advised to dial in at least five to ten minutes prior to the scheduled start time to ensure timely connection.

Management Speakers

The following executives from Jain Resource Recycling will participate in the conference call:

• Kamlesh Jain – Chairman & Managing Director
• Mayank Pareek – Jt. Managing Director
• Hemant Jain – Executive Director and CFO
• Sanchit Jain – Executive Director

Abhishek Mehra, Analyst at DAM Capital Advisors Ltd, will lead the session.

Dial-in Information

Investors can access the call via the following universal access numbers, which are accessible from all networks and countries:

A diamond passcode link is also available for participants who prefer web-based access.

International Timings

For global investors, the call timings across major time zones are as follows:

Regulatory Compliance

The intimation regarding the earnings call was issued on July 28, 2026, under reference number JRRL/2026-27/0033. The disclosure was submitted to both the National Stock Exchange of India Limited and BSE Limited. The information is also available on the company's website at https://jainmetalgrou.com . Aravindkumar V, Company Secretary & Compliance Officer, signed the intimation letter digitally on July 28, 2026.