Jindal Worldwide has granted a corporate guarantee of ₹15.00 crore to JIO Credit Limited to support credit facilities availed by its subsidiary, Jindal Mobilitric Private Limited.

The Operational Committee approved the transaction in a meeting held on August 25, 2026. The company executed the guarantee document on August 29, 2026, at 6:32 pm.

Transaction Details

The guarantee is issued in favour of JIO Credit Limited ("JCL"), which is neither a related party nor part of the promoter group of Jindal Worldwide. The filing confirms that the transaction was conducted at arm's length.

Regulatory Disclosure

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also references SEBI Master Circular No HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

What the Numbers Show

The ₹15.00 crore guarantee will be recorded as a contingent liability in the books of accounts of Jindal Worldwide. This accounting treatment reflects the potential obligation without immediate impact on the balance sheet equity or profit and loss statement, pending any default by the subsidiary.

Jindal Worldwide Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-2026 to the National Stock Exchange of India Limited and BSE Limited, pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, signed by Company Secretary and Compliance Officer Mr. Ashish Thaker on 8th August, 2026, covers the period from 1st April, 2025 to 31st March, 2026 and is prepared on a standalone basis.

Company Overview and Operations

Incorporated on 2nd September, 1986, Jindal Worldwide Limited is engaged primarily in the manufacturing and trading of textile and apparel products, with its registered and corporate office located at "Jindal House", Satellite, Ahmedabad – 380015, Gujarat. The company's paid-up capital stands at Rs. 1,00,26,02,000. Its business activities are distributed as follows:

The company's top products by turnover contribution include manufacturing of fabrics (NIC Code: 13121) at 82.86%, wholesale of textile fibres (NIC Code: 46695) at 3.42%, and manufacturing of yarn (NIC Code: 13139) at 2.47%. Jindal Worldwide serves markets across 16 states domestically and 24 countries internationally, with exports contributing 9.93% of total turnover. The company operates 2 national plants, 1 national office, and 2 international offices.

Workforce and Employee Well-Being

As at the end of FY 2025-2026, the company employed a total of 556 permanent employees and 850 permanent workers, with no other-than-permanent employees or workers on record.

The Board of Directors comprises 6 members, of whom 1 (16.7%) is female. All 3 Key Management Personnel are male. Mr. Ashish Thaker was appointed as Company Secretary and Compliance Officer effective April 4, 2025. The permanent employee turnover rate for FY 2025-2026 stood at 30.35% (male: 30.18%, female: 35%), while the permanent worker turnover rate was 71.65%. Health and safety training coverage reached 100% for both employees and workers during the year. The cost incurred on well-being measures as a percentage of total revenue was 0.0027% in FY 2025-2026, compared to 0.0073 in FY 2024-2025.

Subsidiaries, Associates, and CSR

The company holds the following subsidiaries and associate companies:

Notably, Goodcore Spintex Limited (formerly Goodcore Spintex Private Limited) ceased to be an associate company with effect from 06.08.2025, and June Industries Limited (formerly Kashyap Tele-Medicines Limited) ceased to be an associate company with effect from 20.05.2025. CSR is applicable to the company under Section 135 of the Companies Act, 2013, with a reported turnover of Rs. 22,19,91,92,860 and net worth of Rs. 8,41,65,80,704.

Environmental Performance

The company's total energy consumption for FY 2025-2026 was 1,89,648.34 GJ, of which 1,89,070.79 GJ was from non-renewable sources and 577.55 GJ from renewable sources. Key environmental metrics are summarised below:

Air emissions recorded for FY 2025-2026 included NOx at 7.92 ppm/volume, SOx at 82.42 ppm/volume, and Particulate Matter (PM) at 106 microgram/cubic metre. The company has initiated the use of biomass as a sustainable fuel for steam generation, replacing coal, and has expanded solar panel usage to reduce energy consumption. The company plant at Saijpur Gopalpur, Ahmedabad is identified as a designated consumer under the PAT Scheme of the Government of India and is in the process of registration.

Governance, Compliance, and Consumer Redressal

The Vice Chairman and Managing Director, Mr. Amit Yamunadutt Agarwal, is responsible for decision-making on sustainability-related issues and for the implementation and oversight of Business Responsibility policies. All nine NGRBC principles are covered by Board-approved policies, which have been translated into procedures. Performance against policies is reviewed annually, while statutory compliance is reviewed quarterly.

During FY 2025-2026, a monetary penalty of ₹ 11900 was paid to SEBI (NSE & BSE) under Principle 1, with no appeal preferred. No disciplinary actions for bribery or corruption were recorded against any directors, KMPs, employees, or workers. The number of days of accounts payable stood at 26 in FY 2025-2026, compared to 30 in FY 2024-2025.

On the consumer front, 767 customer complaints were filed during FY 2025-2026, with 13 pending resolution at year-end, compared to 267 filed and 20 pending in FY 2024-2025. No complaints were recorded in categories such as data privacy, advertising, cyber-security, or unfair trade practices. There were zero product recalls on account of safety issues, and zero data breaches were reported during the year. The company's grievance redressal mechanism and all relevant policies are accessible on its website at https://www.jindaltextiles.com/investor.php .