Jain Irrigation Systems Ltd (JISL), a leading player in the irrigation and agricultural solutions sector, has announced that its Board of Directors will convene on September 2, 2025, to deliberate on potential fund raising initiatives. This development comes as the company looks to strengthen its financial position and explore growth opportunities.

Key Points of the Announcement

• Board Meeting Date: The meeting is scheduled for Tuesday, September 2, 2025.
• Primary Agenda: To consider proposals for fund raising, subject to necessary statutory and regulatory approvals.
• Additional Matters: The board will also discuss matters incidental and ancillary to the fund raising proposal.

Other Items on the Agenda

In addition to the fund raising consideration, the board meeting will address several other important matters:

1. Review and approval of the notice for convening the 38th Annual General Meeting (AGM) of the company.
2. Announcement of the annual book closure dates.
3. Discussion of matters related to the upcoming AGM.

Regulatory Compliance

The company has made this announcement in compliance with Regulation 29(2) of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. This regulation mandates listed entities to inform stock exchanges about board meetings that are convened to discuss material matters such as fund raising.

Investor Communication

Jain Irrigation Systems has assured stakeholders that the decisions taken during the board meeting will be communicated to the stock exchanges immediately after the meeting concludes. This commitment to transparency aligns with the company's obligations as a listed entity and helps keep investors informed about significant corporate actions.

The outcome of this board meeting could have important implications for Jain Irrigation's future financial strategy and growth plans. Investors and market observers will be keenly watching for the results of the deliberations, particularly regarding the nature and scale of any potential fund raising initiatives that may be approved.

Jain Irrigation Systems Limited (JISL) has secured a significant order worth ₹135.00 crore from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) under the PM-KUSUM B scheme, marking a major milestone in the company's solar energy solutions segment.

New Order Details

The contract involves the design, supply, installation, and commissioning of 5,438 off-grid DC solar water pumping systems across various districts in Maharashtra. This order is part of the 'Magel Tyala Saur Krushi Pump Yojana', a flagship initiative aimed at promoting clean energy in agriculture.

Previous Success

This allocation follows JISL's successful execution of Phase I of the scheme, during which the company installed 4,180 solar pumps valued at ₹103.00 crore. The continued trust placed in JISL by MSEDCL underscores the company's expertise and reliability in delivering solar-powered irrigation solutions.

Financial Performance

For the quarter ended June 30, Jain Irrigation reported:

Market Response

The market responded positively to these developments, with JISL's shares closing at ₹52.80, marking a substantial gain of 13.77% on the trading day.

Company Profile

Jain Irrigation Systems Limited, with its motto "Small Ideas, Big Revolutions," is an Indian multinational company with a global presence. The company:

• Employs over 9,000 associates worldwide
• Generates annual revenue of approximately USD 750 million
• Has manufacturing plants in 22 locations globally
• Has been providing innovative solutions in agriculture and infrastructure for more than 34 years

JISL's product portfolio includes:

• Micro irrigation systems
• PVC pipes
• HDPE pipes
• Plastic sheets
• Agro-processed products
• Renewable energy solutions
• Tissue culture plants
• Other agricultural inputs

The company has been instrumental in pioneering a productivity revolution with modern irrigation systems, helping over 10 million small farmers increase crop yields while conserving water.

With its commitment to sustainability and innovation, Jain Irrigation continues to strengthen its position in the solar pump segment, contributing to green agriculture and rural development across India.