Jain Resource Recycling, a company in the recycling sector, has taken a significant step towards going public by filing its Red Herring Prospectus (RHP) for an Initial Public Offering (IPO). The company's promoters are planning to divest shares worth ₹750 crore through this offering.

IPO Details

The IPO is structured as an Offer for Sale (OFS), where existing shareholders, in this case, the promoters, will be selling their shares to the public. The size of the offer stands at ₹750 crore, indicating a significant stake being made available to potential investors.

Company Clarification

In an important note to potential investors, Jain Resource Recycling has explicitly stated that there is no association between its promoters and those of Jain Irrigation Systems. This clarification appears to be aimed at avoiding any confusion due to the similarity in names.

Market Implications

The filing of the Red Herring Prospectus marks a crucial phase in the IPO process. It provides potential investors with essential information about the company's business model, financial performance, risk factors, and the terms of the offering.

As the IPO moves forward, market participants will be keenly watching for further details, including:

• The price band of the offering
• The portion reserved for different categories of investors
• The timeline for the subscription period

The recycling sector, which Jain Resource Recycling operates in, has been gaining increased attention due to growing environmental concerns and the push towards sustainable practices. This IPO could potentially offer investors an opportunity to participate in this sector's growth.

Investors and market analysts will likely be looking forward to more information about Jain Resource Recycling's operations, financial performance, and growth strategy as the IPO process progresses.

Jain Irrigation Systems Ltd. , a global leader in water engineering technology, has been honored with the prestigious National Award at the 56th Export Excellence Awards organized by the Engineering Export Promotion Council (EEPC) of India. The recognition came during EEPC India's Platinum Jubilee celebrations, highlighting the company's significant contributions to innovation, quality, and sustainable solutions in global markets.

Award Presentation

The award was presented by Shri Piyush Goyal, Minister of Commerce and Industry, Government of India, at a distinguished ceremony held in New Delhi on September 8, 2025. Mr. Anil Jain, Vice Chairman and CEO, and Mr. Athang Jain, President of Jain Irrigation Systems Ltd., received the honor on behalf of the company.

Recognition of Excellence

This accolade underscores Jain Irrigation's position as a frontrunner in India's export sector and solidifies its reputation as a respected global player in water engineering technology. The company's consistent efforts in delivering transformative solutions have been pivotal in achieving this recognition.

Company's Commitment

Jain Irrigation Systems Ltd. reaffirmed its dedication to enhancing productivity and sustainability through advanced technology. The company's focus on innovation and sustainability continues to create a positive impact across international markets, aligning with its philosophy of "leave this world better than you found it."

About Jain Irrigation Systems Ltd.

Jain Irrigation Systems Ltd. is a multinational company operating in over 120 countries. It specializes in:

• Irrigation
• Food processing
• Piping
• Solar solutions
• Engineering solutions

The company's global presence and diverse portfolio have contributed to its success in advancing agricultural productivity and sustainable practices worldwide.

This latest achievement at the EEPC India Export Awards further cements Jain Irrigation's status as an industry leader committed to innovation and excellence in the field of water engineering and sustainable solutions.